Information Technology Is Any Computer-Based Tool That People Use to Work

question 160

Short Answer

Information technology is any computer-based tool that people use to work with ____________ and support the information and information processing needs of an organization.

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Definitions:

Current Account Surpluses

Happens when the overall exports, encompassing goods, services, and transfers, of a country surpass its total imports.

Capital And Financial Account Deficits

A situation where a country's capital outflows exceed its capital inflows, resulting in a net outflow of domestic currency to foreign markets.

Balance Of Payments Surpluses

A situation where the total of a country's international transactions results in net earnings, with more credits from exports and capital income than debits for imports and overseas investments.

Recession

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