Blocks and Census Tracts Are Important Units in the Census

question 58

Multiple Choice

Blocks and census tracts are important units in the Census of Population to retailers because ________.

• A) online computer tapes are available
• B) these can be combined to fit a retailer's trading area
• C) these blocks and tracks contain important data on retail sales by location
• D) these blocks and tracks contain forecasts on population changes over a 5-year period

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Definitions:

Government Borrowing

The method by which a government finances its expenditure by issuing debt instruments, such as bonds.

Public Expenditures

Refers to the spending of government funds on goods, services, and infrastructure for the public benefit and economic stability.

Crowding Out

A situation in which increased public sector borrowing leads to a reduction in private sector spending, either because of higher interest rates or because available financial resources are used by the government.

Governmental Purchases

Expenditures made by the government for goods and services that are used to provide public services.