What Is the Drawback of Using the Decennial Census of the United

question 58

Multiple Choice

What is the drawback of using the Decennial Census of the United States?

• A) The information in the Census is only for metropolitan areas.
• B) The information included is gathered only once every ten years.
• C) It is expensive to purchase and retailers usually find other means for the information.
• D) The Census provides only numbers of people in an area,not specifics like household income,level of education,etc.
• E) The information provided requires interpretation by analysts.

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Definitions:

Cash Equivalents

Investments of a short duration that are highly liquid, easily converted into precise cash amounts, and carry a minimal risk of fluctuating in value.

Trading Securities

Financial assets bought and sold for short-term profit, often including stocks and bonds.

Fair Market Value

The price that property would sell for on the open market between an informed and willing buyer and seller.

Cost

The amount of money that is incurred in the production of goods or in providing services, which may include expenses related to materials, labor, and overhead.