A Decrease in Contributions from the Public to Charities Such

question 63

Multiple Choice

A decrease in contributions from the public to charities such as the Red Crescent or Red Cross is most likely the result of which of the following general environmental factors?

• A) Economic
• B) Technological
• C) Social
• D) Political

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Definitions:

Savings Account

A deposit account held at a financial institution that provides principal security and a modest interest rate.

Traveler's Checks

A preprinted, fixed-amount check designed to allow the person signing it to make an unconditional payment to someone else as a result of its being counter-signed.

M2

A gauge of the total money available that encompasses physical currency, deposits in checking accounts, and near money assets like savings accounts and money market investments, which can be quickly converted to cash.

Savings Deposits

Accounts at banks or financial institutions where individuals can deposit their money to earn interest over time.