Data About Which of the Following Facets of a Business

question 5

Multiple Choice

Data about which of the following facets of a business activity is most likely to be recorded in a transaction file?

• A)business activity
• B)resources affected by the business activity
• C)people who participate in the business activity
• D)place the business activity occurs

---

Definitions:

Economic Growth

An increase in the production of goods and services in an economy over a period of time, typically measured by GDP.

Current Account

A country's transactions with the rest of the world, covering trade in goods and services, net earnings on investments, and net transfer payments.

Great Recession

A severe global economic downturn that occurred from late 2007 through mid-2009, marked by significant declines in income and employment.

Absolute Terms

Expressions or measures that are unconditional and not relative to other variables or comparisons.