A Bit Has a Value of

question 57

Multiple Choice

A bit has a value of

• A) 0 or 1.
• B) 0.
• C) 11010.
• D) 1024.
• E) 1.

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Definitions:

Global Economy

This term refers to the interconnected worldwide economic activities that influence the production, distribution, and consumption of goods and services.

Firm's Prospects

This involves the future outlook or potential for success and growth of a company, often considered by investors when evaluating investment opportunities.

Consumer Confidence Index

A statistical measurement of consumers' overall perceptions of the economic environment and their willingness to spend money.

Conference Board

An economic research institute known for publishing leading economic indicators and research reports.