A Speaker Has Been Given 24 Hours to Prepare a Presentation

question 20

Multiple Choice

A speaker has been given 24 hours to prepare a presentation to
20 long-time coworkers in her office on the features of a new database system being installed. Which of the following approaches would be the most effective way to begin her presentation?

• A)"My presentations is going to be about the new database."
• B)"I'm sorry for not being prepared.I just found out yesterday that I had to do this."
• C)"Ladies and Gentlemen."
• D)"I heard a joke on Letterman last night about why women are smarter than men."
• E)None of the above introductions is particularly advisable.

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Definitions:

Classical Economists

Economists from the late 18th and early 19th centuries who focused on the role of free markets in promoting economic growth and wealth distribution.

Fiscal Policy

Fiscal policy involves the use of government spending and tax policies to influence economic conditions, including aggregate demand, employment, and inflation.

Investment Swings

Refers to the fluctuations in investment spending on business capital goods, which can be influenced by interest rates, business confidence, and economic conditions.

Rational Expectations Theory

This is based on three assumptions: (1) that individuals and business firms learn through experience to anticipate the consequences of changes in monetary and fiscal policy; (2) that they act immediately to protect their economic interests; and (3) that all resource and product markets are purely competitive.