If You Have $5,000 in Wealth and the Price Level

question 223

Multiple Choice

If you have $5,000 in wealth and the price level decreases 20 percent, then

• A) the $5,000 will buy fewer goods and services.
• B) the real value of the $5,000 decreases.
• C) the $5,000 will buy more goods and services.
• D) the real value of the $5,000 remains constant.

Explore strategic PR responses to corporate crises.

Analyze the role of corporate philanthropy in enhancing company performance.

Appreciate the value of strategic thinking and audience identification in PR planning.

Recognize the importance of research and evaluation in the PR process.