When Is an Enclosure Notation Required in a Business Letter

question 19

Multiple Choice

When is an enclosure notation required in a business letter?

• A) When the letter includes other documents.
• B) All business letters require enclosure notation.
• C) When the letter is typed by one person to express the sentiments of another person.
• D) When the letter is sent in hard-copy form as a printed document rather than electronic form.

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Definitions:

Spending Multiplier

The ratio of the change in total output to the initial change in spending that brought it about.

Marginal Propensity

The proportion of an additional income that an individual or population spends on consuming rather than saving.

Multiplier Effect

The economic concept that an initial increase in spending leads to a greater increase in national income and total economic output.

Investment Accelerator

A concept where an increase in national income or gross domestic product leads to a proportionate increase in investment spending.