Which of the Following News Quotes Best Describes a New

question 17

Multiple Choice

Which of the following news quotes best describes a new classical view of a recession?

• A)"Rapid computerization is creating obsolete workers and higher unemployment."
• B)"The unexpectedly tight fiscal policy is raising spending and lowering unemployment."
• C)"The anti-inflationary policy of the Bank of Canada is increasing spending."
• D)"The cuts in government spending have helped lower consumer spending and created unemployment."
• E)"Businesses are very worried about future sales and have lowered their purchases of capital equipment."

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Definitions:

Cash Flows

Cash flows denote the overall volume of cash and cash-equivalents moving in and out of a company.

Sunk Costs

Expenses that have already been incurred and cannot be recovered, and should not affect future decision-making.

Project Evaluation

Project evaluation involves assessing the viability, cost-effectiveness, and potential return on investment of a project through various analytical techniques.

Cash Flows

The total amount of money being transferred into and out of a business, representing the operational, investing, and financing activities.