Which of the Following Is TRUE of Snapchat

question 68

Multiple Choice

Which of the following is TRUE of Snapchat?

• A)They accepted Facebook's purchase offer of $3 billion.
• B)They accepted Google's purchase offer of $4 billion.
• C)"Snapchat Stories" has been wildly popular.
• D)Their customers' user names and phone numbers were hacked in 2013.

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Definitions:

Saving Rate

The proportion of income that is not spent on consumption but is instead saved or invested.

Productivity

The evaluation of production effectiveness, frequently expressed through the proportion of outputs relative to inputs within the production workflow.

Income

The financial gain earned by an individual or a business, typically through employment, investments, or sales.

Physical Capital

Tangible assets such as buildings, machinery, and equipment used in the production of goods and services.