Knowledge Can Be Either Tacit or _____

question 14

Multiple Choice

Knowledge can be either tacit or _____.

• A) indirect
• B) inferential
• C) implicit
• D) explicit

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Definitions:

Fairness

In economics, fairness often relates to the equitable distribution of resources and outcomes among diverse groups of people.

Public Expenditures

Spending by the government on goods and services, including infrastructure, education, and healthcare, funded by taxpayer money.

Economic Income

The total value of all earnings over a period, including wages, salaries, bonuses, and any earnings from investments.

Net Worth

The total value of an individual's or organization's assets minus liabilities.