You Are Developing a Financial Trading Application That Will Be

question 200

Multiple Choice

You are developing a financial trading application that will be used globally. Data is stored and queried using a relational structure, and clients from all over the world should get the exact identical state of the data. The application will be deployed in multiple regions to provide the lowest latency to end users. You need to select a storage option for the application data while minimizing latency. What should you do?

• A) Use Cloud Bigtable for data storage.
• B) Use Cloud SQL for data storage.
• C) Use Cloud Spanner for data storage.
• D) Use Firestore for data storage.

Analyze the changes in consumer and producer surplus due to shifts in market price.

Understand the concept and implications of market equilibrium in maximizing total surplus.

Identify the areas representing consumer and producer surplus on a graph.

Understand the concept of deadweight loss and its causes.

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Definitions:

Simple Interest

Simple interest is a way of calculating interest where the amount earned or paid is based on the original principal and does not compound.

Face Value

The nominal or dollar value printed on a security or financial instrument, such as a bond or stock certificate.

Interest Rate

The percentage of a loan that is incurred as interest by the borrower, usually represented as an annual percentage of the outstanding loan amount.

Non-Interest-Bearing

Describes a financial instrument that does not generate interest income for the holder.