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Compare Batch Versus Real-Time Posting

question 23

Essay

Compare batch versus real-time posting. List one advantages of real-time posting and one advantage of batch posting. List 1 disadvantage of real-time posting and 1 disadvantage of batch posting. Indicate an area where real-time posting would be advantageous.


Definitions:

West German Industrial Production

Refers to the output of industrial goods and services in the Western part of Germany, particularly relevant before the reunification of East and West Germany in 1990.

New Deal

A series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the 1930s aimed at restoring economic stability in the United States.

Inflation

A general increase in prices and fall in the purchasing value of money over a period.

Recession

A period of significant decline in economic activity spread across the economy, lasting more than a few months, typically visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.

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