The Type of Knowledge That Consists of Understanding How to Use

question 21

Multiple Choice

The type of knowledge that consists of understanding how to use information at each step of the problem- solving process, where that information can be obtained, and how to share information with others is referred to as:

• A)communication literacy.
• B)information literacy.
• C)business literacy.
• D)computer literacy.

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Definitions:

Economic Way

A perspective that involves analyzing decisions based on cost-benefit considerations and the efficient allocation of resources.

Personal Costs

Expenses directly paid by an individual, often relating to personal needs or desires, such as healthcare or education.

Macroeconomics

The branch of economics that studies overall economic dynamics, such as total national output, income, unemployment, and inflation.