________ Trust Is Based on Fear of Reprisal If the Trust

question 116

Multiple Choice

________ trust is based on fear of reprisal if the trust is violated.

• A)Individual- based
• B)Identification- based
• C)Deterrence- based
• D)Knowledge- based

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Definitions:

Recession

A period of declining real GDP, accompanied by lower real income and higher unemployment.

Demand

The quantity of a good or service that consumers are willing and able to purchase at various prices over a given period of time.

Income Elasticity

A measurement of how the demand for a good or service changes in response to changes in consumers' income levels.

Recession

A period of economic decline across an economy lasting more than a few months, typically visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.