Recording Vehicle Type as Sedan, Minivan, Pick-Up Truck, Etc

question 75

True/False

Recording vehicle type as sedan, minivan, pick-up truck, etc. is an example of qualitative data.

---

Definitions:

Gross Investment

A company’s total investment in plant, equipment, and inventory. Also, a nation’s plant, equipment, inventory, and residential housing investment.

Depreciation

The process of allocating the cost of a tangible asset over its useful life.

Government Purchases

Expenditures by government entities on goods and services that are consumed in the provision of public services and for public investment.

Net Exports

The value of a country's total exports minus its total imports, reflecting the balance of trade.