When a Data Repository (Including Internal and External Data) Does

question 13

Multiple Choice

When a data repository (including internal and external data) does NOT follow a predefined schema, this is called a:

• A) data dump.
• B) data ocean.
• C) data lake.
• D) data stream.

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Definitions:

Money Supply

The entire amount of cash and cash equivalents present in an economy at a designated time, including money in the form of coins, notes, and funds held in checking and savings accounts.

Money Multiplier

A factor that quantifies the amount of additional money that can be created in a bank's lending process for a given amount of reserves.

Excess Reserves

Excess reserves are the capital reserves held by a bank or financial institution in excess of what is required by regulators, central bank, or other financial authority.

Opportunity Cost

Missing out on potential opportunities from different choices when opting for a single alternative.