By Expanding Your Personal Professional Network on LinkedIn

question 13

Multiple Choice

By expanding your personal professional network on LinkedIn

• A) you are creating a local network.
• B) you are taking advantage of network externalities.
• C) you are taking advantages of your professional contacts.
• D) you are taking advantages of technology.
• E) you have joined the trend of collaboration.

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Definitions:

Credit Cards

Credit cards are financial tools issued by banks or financial institutions, allowing cardholders to borrow funds within a pre-approved credit limit for purchases or cash advances.

Nominal Rate

The interest rate before adjustments for inflation, as opposed to the real rate which is adjusted for inflation.

APR

The Annual Percentage Rate (APR) is a measure of the cost of borrowing that includes interest and other fees, shown as a yearly rate.

Compound Interest

The concept of earning interest on previously earned interest. A sum earning compound interest grows exponentially over time.