Due to Slowing Growth in China and Other Developing Countries,Caterpillar

question 237

Multiple Choice

Due to slowing growth in China and other developing countries,Caterpillar ________ the number of persons it employed in 2013 and this ________ the total number of persons unemployed in the economy.

• A)decreased; increased
• B)decreased; decreased
• C)increased; decreased
• D)increased; increased

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Definitions:

Par Value

The face value of a stock or bond, representing the nominal or dollar value assigned when issued.

Debentures

A type of long-term debt instrument unsecured by physical assets or collateral, relying on the creditworthiness and reputation of the issuer.

Pledged As Collateral

Assets that are offered as security for the repayment of a loan, where the lender has the right to take possession of the assets if the borrower defaults on the loan obligations.

Present Values

The monetary value now of a future lump sum or cash flow series, taking into account a particular rate of return.