When Collective Decision Making Is Utilized to Resolve Economic Questions

question 200

Multiple Choice

When collective decision making is utilized to resolve economic questions regarding the allocation of resources,

• A) the role of markets will be replaced by political decision making.
• B) centralized decision making in all areas is inevitable.
• C) the preferences of individuals are of no importance.
• D) economic efficiency will be assured.

Utilize digital media appropriately for delivering bad news to large groups.

Understand the role of honesty and clarity in delivering bad news.

Recognize the psychological impact of how bad news is delivered on the receiver's acceptance.

Understand the classification and accounting for held-to-maturity securities.