The Findings of the MasterCard Study Among Consumers in the U.A.E

question 51

True/False

The findings of the MasterCard study among consumers in the U.A.E. can be extrapolated to consumers in other Arab countries who may not be as ready to engage in online shopping.

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Definitions:

Unemployment

A measure of the number of people who are actively looking for work but aren't currently employed.

Cyclical Unemployment

Unemployment that is linked to the cyclical trends in the economy, typically increasing during recessions and decreasing during expansions.

Economy

The system by which goods and services are produced, distributed, and consumed within a particular country or area.

Inflation

Inflation is the rate at which the general level of prices for goods and services is rising, leading to a decrease in the purchasing power of money.