Proprietary Technology Is Knowledge That Is

question 124

Multiple Choice

Proprietary technology is knowledge that is

• A)known but no longer used much.
• B)known,but only recently discovered.
• C)known mostly by only those in a certain profession.
• D)known only by the company that discovered it.

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Definitions:

National Debt

The net accumulation of federal budget deficits.

Rate of Unemployment

The percentage of the labor force that is jobless and actively seeking employment.

Normative Economic Statement

A statement that reflects opinions or judgments about what ought to be in economics, focusing on the desirability of certain economic policies or outcomes.

Minimum Wage

The lowest legal wage that employers are allowed to pay their workers, set by law to ensure a minimum standard of living for employees.