A Potential Negative Aspect of the Transfer of Technology Is

question 7

True/False

A potential negative aspect of the transfer of technology is that the licensee could be your competitor in the future.

---

Definitions:

Recession

A decline in real GDP for two consecutive quarters.

Lowering Tax Rates

The act of reducing the percentage at which income or corporate profits are taxed, which can affect economic behaviors and government revenues.

Supply-siders

Economists who believe reducing barriers for people to produce (supply) goods and services, like lower taxes, will stimulate economic growth.

Curing Recessions

Efforts and policies aimed at stimulating economic recovery and ending periods of economic decline.