Which of the Following Statements Is Correct

question 118

Multiple Choice

Which of the following statements is correct?

• A)The cyclically adjusted budget and the actual budget differ because the latter does not take government transfer payments into account.
• B)The cyclically adjusted budget is less likely to show a deficit than is the actual budget.
• C)The cyclically adjusted budget and the actual budget will show the same size deficit or surplus in any given fiscal year.
• D)The cyclically adjusted budget is more likely to show a deficit than is the actual budget.

---

Definitions:

Marketing Channel

A series of steps or operations needed to change the ownership of items from the location of creation to the location of use.

Strategic Channel Alliances

Partnerships between organizations to create distribution channels for reaching consumers more effectively and efficiently.

Channel Members

Entities involved in the process of making a product or service available for use or consumption by the consumer or business user.

Administered Vertical Marketing System

A coordinated marketing strategy where a single entity leads and controls the product distribution channel without owning it.