Which of the Following Statements Is Not True About Information

question 19

Multiple Choice

Which of the following statements is not true about information?

• A)Information is always understood in a context.
• B)Information in one person's context is just a data point in another person's context.
• C)Information is data presented in a meaningful context.
• D)Information is always objective.

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Definitions:

Interest Rate

An annual rate that represents the fraction of borrowed or invested money charged as a fee for its usage.

Equate

To consider one thing to be the same as or equivalent to another.

Real GDP

Real GDP measures the value of all final goods and services produced within a country’s borders in a specific period, adjusted for inflation.

Aggregate Supply Curve

A graphical representation that shows the total quantity of goods and services that producers in an economy are willing to supply at different price levels during a specific time period.