Which of the Following Statements Is FALSE

question 29

Multiple Choice

Which of the following statements is FALSE?

• A)Because interest rates may be quoted for different time intervals,it is often necessary to adjust the interest rate to a time period that matches that of our cash flows.
• B)The effective annual rate indicates the amount of interest that will be earned at the end of one year.
• C)The annual percentage rate indicates the amount of simple interest earned in one year.
• D)The annual percentage rate indicates the amount of interest including the effect of compounding.

Understand the importance of internal and external communications in health care and educational public relations.

Recognize the significance of audience targeting and message crafting in successful PR campaigns.

Analyze the role of digital platforms and social media in amplifying the message of advocacy and grassroots movements.

Understand the employment landscape and opportunities within the non-profit public relations sector.

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Definitions:

Price Elasticity

A measure of the sensitivity of demand for a product or service to a change in its price.

Elasticity of Demand

An evaluation of how sensitively the demanded amount of a product responds to changes in price.

Demand Curve

An illustration that depicts the connection between how much of a product consumers want to buy and its cost.

Perfectly Inelastic

A situation in demand where the quantity demanded does not change regardless of the change in price.