Which of the following correctly identifies an advantage of entering data in a spreadsheet rather than a text file?
A. Data in various websites is more often available as spreadsheets than as text files.
B. Different observations are more likely to be run together in spreadsheets than in text files.
C. Spreadsheets are readable on most computers, whereas text files are not.
D. Spreadsheets allow manipulation of data, whereas text files do not.
Answer: D
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A person 16 years or older who does not work, but is actively looking for work, is officially classified as:
A. chronically unemployed. B. employed. C. out of the labor force. D. unemployed.
Suppose that a country has an inflation rate of about 3 percent per year and a real GDP growth rate of about 3 percent per year. How large of a deficit can the government run (as a percentage of GDP) without raising the debt-to-income ratio?
Assume that the distance between the two lines at Y1 equals the distance between the two lines at Y2. Which of the following must be true?
a. The amount businesses at Y1 need to produce to reach equilibrium equals the amount businesses at Y2 need to cut back on production to reach equilibrium.
b. The amount businesses at Y1 need to produce to reach equilibrium equals the amount businesses at Y2 currently maintain in inventory.
c. The amount of unplanned inventory investment businesses have made at Y1 equals the amount of planned inventory investment businesses have made at Y2.
d. The amount of planned inventory investment businesses at Y1 have made equals the amount of unplanned inventory investment businesses at Y2 have made.
The notion of business investment being related to interest rates is shown when interest rates are
A. higher because more projects (where businesses borrow capital to start new lines of business) are profitable. B. higher because people are less likely to buy expensive goods on installments. C. higher because people are more likely to buy expensive goods on installments. D. higher because fewer projects (where businesses borrow capital to start new lines of business) are profitable.