When a Cell Is Formatted for a Percent,if You Enter

question 18

True/False

When a cell is formatted for a percent,if you enter the number .5 Excel translates the value as 50%.

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Definitions:

Tariff

A tax imposed on imported goods and services to protect domestic industries or raise government revenue.

Opportunity Cost

The forfeiture of potential benefits from other options when a particular choice is made.

Protective Tariffs

Tariffs imposed by a government to protect domestic industries from foreign competition by raising the price of imported goods.

Standard Of Living

The level of wealth, comfort, material goods, and necessities available to a person, group, or society.