Sarah Intends to Major in Finance and Find Employment in Corporate

question 158

Multiple Choice

Sarah intends to major in finance and find employment in corporate financial management.As a finance major,Sarah will discover her ________ knowledge to be valuable in mastering the objectives of her finance classes.

• A)marketing
• B)psychology
• C)sociology
• D)accounting

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Definitions:

Congested Nontoll Road

A road that experiences high traffic levels leading to delays, without charging fees for use.

Rival In Consumption

Describes a type of good where one person's consumption prevents or decreases another's ability to consume the same good.

Corrective Tax

A tax designed to induce private decision makers to take into account the social costs that arise from a negative externality.

Externality

A side effect or consequence of an industrial or commercial activity that affects other parties without this being reflected in market prices.