Figure 8-2b -Figure 8-2b Above Shows That Primary Data May Be Divided

question 163

Multiple Choice

Figure 8-2b
-Figure 8-2b above shows that primary data may be divided into three related parts.If "C" represents data collected from individual interviews,focus groups,trend hunting,etc.,which type of data is "C?"

• A) questionnaire data
• B) mined data
• C) internal secondary data
• D) external secondary data
• E) observational data

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Definitions:

M1

A category of the money supply that includes all physical money like coins and currency, as well as demand deposits, checking accounts, and negotiable instruments.

Debt

is an obligation that requires one party, the debtor, to pay money or other agreed-upon value to another party, the creditor.

Assets

Resources owned by a person or business, which are expected to produce positive economic value.

Transaction Demand

The requirement to possess currency in order to carry out daily financial transactions.