A(n) ________ Is an Extra Payment Designed to Gain Reseller

question 2

Multiple Choice

A(n) ________ is an extra payment designed to gain reseller participation in special programs.

• A) seasonal discount
• B) allowance
• C) discount
• D) quantity discount
• E) functional discount

Understand the concept and importance of the five C's of credit in business financing.

Identify the different types of financing available to small businesses, including debt and equity financing.

Understand the role and characteristics of angel investors and venture capitalists in financing small businesses.

Recognize the significance of a business's financial health and the importance of assets and collateral in securing loans.

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Definitions:

Automatic Stabilizers

Economic policies and programs, like unemployment benefits and progressive taxation, that automatically help stabilize an economy by decreasing the effects of economic fluctuations.

Aggregate Demand

Aggregate requirement for goods and services within an economic system, evaluated at a fixed comprehensive price level over a defined period.

National Debt

The total amount of money that a country's government has borrowed, by various means, to cover its spending in excess of tax revenues.

Federal Budget Deficit

The shortfall when the federal government's expenditures exceed its revenues within a fiscal year.