Data Can Be Numbers, Text, or Images

question 29

True/False

Data can be numbers, text, or images.

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Definitions:

Exports

Products or services made in one country and purchased by consumers in a different country, adding to the exporting nation's overall economic output.

Interest Rates

The cost of borrowing money or the return for investing money, usually expressed as a percentage of the principal per period of time.

Tight Money Policy

A monetary policy strategy used by central banks to reduce the money supply and increase interest rates to control inflation.

Net Exports

The difference between a country's total value of exports and total value of imports. Positive net exports indicate a trade surplus, while negative net exports indicate a trade deficit.