Which of the Following Is a Service

question 43

Multiple Choice

Which of the following is a service?

• A)Anything that is scarce and that satisfies unlimited human wants
• B)A thing for which people pay money
• C)An intangible activity that satisfies human wants
• D)Any output produced by a service sector industry,such as fast food
• E)Something less desirable than a good

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Definitions:

Hang Seng

A market index that represents the performance of the largest companies listed on the Hong Kong Stock Exchange.

Callable Bond

A type of bond that can be redeemed by the issuer before its maturity date, typically at a premium price.

Convertible Bond

A type of bond that can be converted into a predetermined amount of the company's equity at certain times during its life, usually at the discretion of the bondholder.

Yankee Bond

A bond issued in the United States by foreign banks and corporations, denominated in U.S. dollars.