Amazon.com Experienced All of the Following Except

question 65

Multiple Choice

Amazon.com experienced all of the following except:

• A)It maintained its position as the number one e-tailer in 2006.
• B)Growth was driven largely by product diversification and its international presence.
• C)It assured its financial success and profitability by 2005.
• D)Profitability dropped in 2006 because of huge investments in IT infrastructure and their new Prime discount shipping program.

Grasp the concept of inflation, how it arises, and its relation to GDP and GDP deflator.

Recognize the limitations of GDP as an all-encompassing measure of economic progress and quality of life.

Interpret the circular flow diagram, and understand the role of expenditure and income in the economy.

Learn how GDP is calculated, including understanding the components of GDP.

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Definitions:

Correlation Coefficient

A statistical measure that indicates the extent to which two or more variables fluctuate together. A higher absolute value suggests a stronger relationship.

Restriction Of Range

A problem when scores on a variable are limited to a small subset of their possible values; this makes it more difficult to identify relationships of the variable to other variables of interest.

Correlation Coefficients

Numerical measures indicating the strength and direction of a linear relationship between two quantifiable variables.

Sample

A subset of a population selected for measurement, observation, or questioning to provide statistical information about the population.