During______________,plants Are Built,raw Materials Are Ordered,workers Are Hired,and Production Increases

question 107

Multiple Choice

During______________,plants are built,raw materials are ordered,workers are hired,and production increases.In addition,upward social mobility for workers and their families becomes possible.

• A)a trough
• B)a recession
• C)inflation periods
• D)an expansion period

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Definitions:

Financing Statement

A document filed to give public notice of a secured transaction, indicating an interest in the assets of a debtor.

Collateral

Collateral offered to secure a loan, subject to seizure upon default.

Collection Agency

An organization employed by creditors to collect funds that are owed by individuals or businesses, usually when those debts are past due.

Principal

The original amount of money borrowed or invested, excluding any interest or dividends.