The First Regularly Broadcast Radio Series Sponsored by a Single

question 12

Multiple Choice

The first regularly broadcast radio series sponsored by a single company,_____________,premiered in 1923,bearing the name of its battery-making sponsor.

• A) The Rayovac Amateur Hour
• B) The Eveready Hour
• C) Sears Presents
• D) The Duracell Hour

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Definitions:

Nominal Income

The total amount of money earned by an individual or entity before adjustments for inflation or deflation.

Leading Economic Indicators

Variables that predict, or lead to, a recession or recovery; examples include consumer confidence, stock market prices, business investment, and big-ticket purchases, such as automobiles and homes.

Business Cycle

The natural fluctuation of the economy between periods of expansion (growth) and contraction (recession).

Price Level

The average of current prices across the entire spectrum of goods and services produced in the economy, often measured by a price index.