Which of the Following Statements Is MOST Accurate

question 55

Multiple Choice

Which of the following statements is MOST accurate?

• A) A revaluation restores internal and external balance immediately, without causing domestic inflation.
• B) A devaluation restores internal and external balance immediately, without causing domestic inflation.
• C) A revaluation restores internal and external balance immediately, but also causes domestic inflation.
• D) A devaluation restores internal and external balance immediately, but also causes domestic inflation.
• E) A devaluation restores external balance in the long run, without causing immediate domestic inflation.

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Definitions:

Triple Bottom Line

A framework or theory that recommends companies commit to focus on social and environmental concerns just as they do on profits, encapsulating three Ps: profit, people, and planet.

Corporate Form

A legal structure for organizing a business as a separate legal entity, which can own property, enter into contracts, sue and be sued, distinct from its owners (shareholders).

Sole Proprietorships

Sole proprietorships are businesses owned and operated by one person, where there is no legal distinction between the owner and the business entity.

Business Organization

A legal entity formed to carry out commercial or industrial enterprises by engaging in trading, manufacturing, or providing services.