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Patrice Runs a Small Cafe in Lyon

question 5

Multiple Choice

Patrice runs a small cafe in Lyon. He notes down the number of people selecting flavours of crepes. Which flavour is the mode for this data [flavour(frequency) ]? Sugar(15) ; Chocolate(23) ; Chocolate and Banana (38) ; Raspberry Jam(11)


Definitions:

Investment Spending

Expenditures made by businesses or individuals on capital goods, which are intended to create future benefits such as increased production or revenue.

Interest Rate

The segment of a loan accruing interest costs to the borrower, commonly presented as a yearly percentage of the ongoing loan total.

Interest Rate

The cost of borrowing money, typically expressed as an annual percentage of the principal.

Loanable Funds

Funds available for borrowing, which consist of household savings and international capital flows.

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