Financial Slack Is a Term Used by Economists to Identify

question 51

Multiple Choice

Financial slack is a term used by economists to identify the funds available from cash and near-cash holdings, as well as the ability to borrow readily to meet day-to-day obligations and to take advantage of unexpected opportunities. As such, the maintenance of financial slack represents a combination of the ____________ and ____________ motives for holding cash [Keynes].

• A) speculative; investment
• B) transactions; precautionary
• C) precautionary; speculative
• D) investment; precautionary
• E) transactions; speculative

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Definitions:

Multiproduct

Referring to a strategy or situation involving multiple products, typically by companies aiming to diversify offerings and cater to different consumer needs.

Product Life Cycle

The stages a product goes through from introduction to growth, maturity, and decline in the marketplace.

Viable Landfill Sites

Locations deemed suitable and environmentally sustainable for the disposal of waste material.

Solid Waste

Non-liquid, non-soluble materials ranging from municipal garbage to industrial wastes that contain complex, and sometimes hazardous, substances.