The USOffice of Management and Budget Has Developed a Classification System

question 189

Multiple Choice

The U.S.Office of Management and Budget has developed a classification system that defines geographic areas based on the size of the population contained within them.The U.S.Census Bureau uses these statistical areas to collect,tabulate,and publish various reports on demographic profiles and economic activity.Figure 3-A above shows these statistical areas for the Dallas-Fort Worth metroplex.The largest of these geographical areas is called a

• A)megapolitan statistical area.
• B)micropolitan statistical area.
• C)metropolitan statistical area.
• D)zip code.
• E)combined statistical area.

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Definitions:

Personal Debt

Financial obligations incurred by an individual, as opposed to those owed by companies or governments.

Legal Action

The process of using the formal court system to resolve disputes, enforce laws, or seek redress.

Additional Compensation

Extra payment or benefits given beyond what is originally agreed upon or expected.

Partnership Law

The legal framework that governs the creation, operation, and dissolution of a business partnership, including the rights and responsibilities of the partners.