Assist Marketers in Gathering Data on the Population,the U

question 54

Multiple Choice

assist marketers in gathering data on the population,the U.S.Census Bureau has developed a classification system to describe the varying locations of the population.The system consists of two types of __________.

• A) geometric areas
• B) zip code areas
• C) statistical areas
• D) geodemographic areas
• E) residential areas

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Definitions:

Actual Rate

The real interest rate or return rate earned on an investment, as opposed to the nominal or advertised rate.

Interest

The cost of borrowing money or the return on investment capital, usually expressed as a yearly percentage.

Credit Card

A small plastic or metal card issued by a bank that allows the holder to purchase goods or services on credit.

Rate Of Interest

The percentage charged on a loan or paid on an investment over a specific period, usually annually.