USB Stands for _____

question 7

Multiple Choice

USB stands for _____.

• A) Universal System Bus
• B) Used Serial Bus
• C) Universal Serial Bus
• D) Universal Standard Bus

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Definitions:

Economic Cost

The total cost of choosing one action over another, including both explicit costs (direct payments) and implicit costs (opportunity costs).

Uninsurable Risks

Risks that are too unpredictable or certain to occur, making it impossible for insurance companies to accurately price or offer coverage.

Nominal Rate of Interest

The rate of interest before adjustments for inflation, reflecting the market rate at which money can be borrowed.

Inflation Rate

The percentage increase in the price level of goods and services in an economy over a period of time, usually a year.