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________ Is a Collection of Data from Traditional and Digital

question 88

Short Answer

________ is a collection of data from traditional and digital sources and is characterized by volume, variety, and velocity.


Definitions:

FICA Tax

A U.S. federal payroll tax that funds Social Security and Medicare, required to be paid by both employees and employers.

Price Elasticity

A measure of how much the quantity demanded of a good responds to a change in the price of that good.

Labor

The human effort, including both physical and mental, used in the production of goods and services.

Excise Tax

A tax charged on specific goods and services, such as gasoline and alcohol.

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