The Prefix Milli in the Metric System Means

question 78

Multiple Choice

The prefix milli in the metric system means

• A) 1/100.
• B) 0.001.
• C) 1/10.
• D) 1/1,000.
• E) B and D.

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Definitions:

Existing Recession

A period of temporary economic decline during which trade and industrial activity are reduced, already currently in place.

Balanced Budget

A Balanced Budget occurs when total revenues equal total expenses within a specific period, indicating financial stability without surplus or deficit.

Automatic Stabilizers

Economic policies and programs, such as unemployment insurance and progressive taxes, designed to automatically adjust in response to economic conditions and stabilize the economy.

Business Cycle

The economic fluctuations experienced over time, characterized by periods of expansion (growth) and contraction (recession) in economic activity.