Both Primary and Secondary Data Can Be Either Internal or External

question 144

True/False

Both primary and secondary data can be either internal or external.

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Definitions:

Residential Construction

The building and selling of residential buildings such as houses, apartments, and condominiums.

Capacity Utilization Rate

The percentage of a firm's total possible production output that is actually being achieved, indicating how efficiently resources are being used.

Gross Investment

Gross Investment refers to the total amount of money spent on new capital assets, before accounting for depreciation.

Expected Profit Rate

The forecasted return on investment, considering the potential profits and the likelihood of achieving them.