Which Statement Most Accurately Describes the Effect Financial Technology Has

question 227

Multiple Choice

Which statement most accurately describes the effect financial technology has had on the demand for money in the United States?

• A) Advances in financial technology have all decreased the demand for money.
• B) Advances in financial technology have all increased the demand for money.
• C) Some advances in financial technology have increased the demand for money while others have decreased it.
• D) Advances in financial technology have had no effect on the demand for money.
• E) It is not possible to tell what would be the effect because financial technology has not changed over the past three decades.

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Definitions:

Time-variant

A characteristic denoting that the data or information changes over time, often relevant in database systems or time-series analysis.

Data Warehouse

A system used for reporting and data analysis, and is considered a core component of business intelligence.

Primary Key

A distinct identifier assigned to every record in a database table to guarantee that each entry is unique.

Field

In computing and data management, a field is a single piece of data within a record in a database, or a single variable within a programming context.