Which of the Following Is a Subset of Data and Information

question 19

Multiple Choice

Which of the following is a subset of data and information that actually has some explanatory power enabling effective decisions to be made?

• A) knowledge
• B) intellectual capital
• C) business intelligence
• D) decision support system

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Definitions:

Disinflates

Disinflation refers to a reduction in the rate of inflation, leading to a slower increase in the price levels of goods and services.

Unemployment Rate

The percentage of the working-age population that is unemployed and in the process of looking for a job.

Sacrifice Ratio

An economic term that refers to the amount of production or output that must be forgone in order to reduce inflation by one percentage point.

Disinflates

The process of reducing the rate of inflation; a slowing in the rate at which prices increase, typically as a result of monetary policy actions.