When Calculating a ________,The Number Range That Is Averaged Is

question 42

Multiple Choice

When calculating a ________,the number range that is averaged is constantly changing-dropping off the first number in the range and adding on the most recent number.

• A)scenario
• B)projection
• C)break-even point
• D)moving average

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Definitions:

Precautionary Motive

A rationale for holding money or liquid assets to guard against future uncertainties and potential emergencies.

Recession

A significant decline in economic activity spread across the economy, lasting more than a few months, typically visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.

Cash

Physical currency such as coins and banknotes or the equivalent in bank balances that can be immediately accessible.