Which of the Following Statements About Businesses Is True

question 38

Multiple Choice

Which of the following statements about businesses is true?

• A)Businesses provide goods and services and receive payment in money.
• B)Businesses frame rules and regulations to maintain the law and order in a country.
• C)Businesses determine the kinds of goods and services that a government will use.
• D)Businesses do not interact with other players in the economy.
• E)Businesses are seldom affected by economic cycles.

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Definitions:

Inductive Reactance

The opposition to alternating current flow due to the inductance of a component or circuit, measured in ohms.

Reactive Power

Also called wattless power. Calculated by multiplying reactive voltage by reactive current. Can be produced by inductive or capacitive loads.

Inductive Reactance

The opposition an inductor provides to alternating current, directly proportional to the frequency of the current.

Pure Inductive

Refers to a circuit element or circuit that purely has inductance without any resistance, ideally opposing changes in current by generating a magnetic field.