Which of the Following Statements About the Television Industry Is

question 41

Multiple Choice

Which of the following statements about the television industry is not true?

• A)Netflix is the leading distributor of streaming TV.
• B)The current transition to Internet and especially mobile delivery of television is leading to a decline in traditional television viewing.
• C)Americans spend more time watching television on a computer or mobile device than they do on a traditional television set.
• D)Over-the-top entertainment services are a threat to cable television distributors.

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Definitions:

Inadequate Aggregate Demand

A situation where the total demand for goods and services in an economy is not sufficient to produce full employment.

Recession

A decline in real GDP for two consecutive quarters.

Lowering Tax Rates

The act of reducing the percentage at which income or corporate profits are taxed, which can affect economic behaviors and government revenues.

Supply-siders

Economists who believe reducing barriers for people to produce (supply) goods and services, like lower taxes, will stimulate economic growth.