Simplify the Expression $( - 7 ) ( - 6 )$

question 228

Multiple Choice

Simplify the expression.
- $( - 7 ) ( - 6 )$

• A) 42
• B) \(- 42\)
• C) 52
• D) 84

Understand the concept and impact of conspicuous consumption on personal financial decisions.

Interpret the relationship between income changes and consumer behavior, such as saving and spending patterns.

Analyze the effects of macroeconomic factors (e.g., housing market trends, stock market changes) on personal wealth and consumer confidence.

Apply the marginal propensity to consume and save in practical scenarios to determine saving and spending outcomes.

---

Definitions:

Outstanding Bonds

Bonds issued by a company or government that are currently held by investors and have not yet matured or been redeemed.

Remaining Life

The estimated time period during which an asset is expected to be economically usable, with its cost being depreciated over this duration.

Consolidation Process

The consolidation process involves combining the financial statements of a parent company with those of its subsidiaries to produce a single set of financial statements that represent the financial condition and operations of the entire group as a single entity.

Acquisition

Acquisition refers to the process where one company takes over controlling interest in another company, either through purchase of shares or assets.