Which of the Following Is a Key Characteristic of Economic

question 95

Multiple Choice

Which of the following is a key characteristic of economic freedom?

• A) Subsidies and regulations that favor business.
• B) Central planning.
• C) Reliance on open markets.
• D) Import quotas that protect domestic businesses from rivals.

Identify strategies for effective listening.

Recognize the significance of etiquette in workplace communication.

Understand the influence of physical appearance and personal habits on professional image.

Distinguish appropriate from inappropriate use of technology and mobile devices in the workplace.

---

Definitions:

FOB Destination

A shipping term indicating that the seller retains ownership and responsibility for goods until they are delivered to the buyer's location.

Sales

The total amount of goods or services sold by a company during a specific period.

Cash Equivalents

Short-term, highly liquid investments that are readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value.

Certificates of Deposit

A savings certificate with a fixed maturity date and specified fixed interest rate, held at a bank or financial institution.