What Is the Final Step in the Data Processing Cycle

question 67

Multiple Choice

What is the final step in the data processing cycle?

• A)output
• B)storage
• C)processing
• D)input

---

Definitions:

Nominal Interest Rate

The interest rate before adjustments for inflation, as opposed to the real interest rate which is adjusted for inflation.

Equilibrium Interest Rate

The equilibrium interest rate is the rate at which the demand for funds equals the supply of funds in the financial markets, balancing savings and borrowing.

Total Output

The complete quantity of goods or services produced by an entity within a specific period.