In 2016,savings Rates in Japan,Germany,Denmark,Sweden,and Switzerland

question 7

Multiple Choice

In 2016,savings rates in Japan,Germany,Denmark,Sweden,and Switzerland

• A) were at their lowest level since 1995, indicating that negative interest rates were not increasing consumer spending.
• B) were at their lowest level since 1995, indicating that negative interest rates were, indeed, increasing consumer spending.
• C) were at their highest level since 1995, indicating that negative interest rates were not increasing consumer spending.
• D) were at their highest level since 1995, indicating that negative interest rates were, indeed, increasing consumer spending.

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Definitions:

Factoring

A financial transaction where a business sells its accounts receivable to a third party at a discount to raise immediate capital.

Inventory

A company's stock of the products available for sale to customers, as well as raw materials and work-in-progress that will eventually become finished goods.

Accounts Receivable

Funds that are due to a business from its clients for goods or services already provided but not yet compensated for.