Information Presented in a Clear and Concise Fashion So That

question 23

Multiple Choice

Information presented in a clear and concise fashion so that users can comprehend its meaning is an application of

• A)consistency.
• B)timeliness.
• C)verifiability.
• D)understandability.

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Definitions:

GDP Deflator

A measure of the level of prices of all new, domestically produced, final goods and services in an economy, used to adjust nominal GDP to real GDP.

Per Capita Real GDP

An economic metric that measures the economic output of a country adjusted for inflation and divided by the total population.

Muffler

A device for reducing noise emitted by the exhaust of an internal combustion engine.

Real Estate

Property consisting of land and the buildings on it, along with its natural resources.