Discuss Virtualization and Its Advantages

question 22

Short Answer

Discuss virtualization and its advantages

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Definitions:

Corporations

Legal entities that are separate from their owners, with the ability to own assets, incur liabilities, and sell stock.

Shareholders

Individuals or institutions that own one or more shares of stock in a public or private corporation, giving them partial ownership of the company.

Budget Deficit

The financial situation where a government's expenditures exceed its revenues in a given fiscal period, leading to borrowing or debt accumulation.

Nominal GDP

The production of goods and services valued at current prices.