Which of the Following Statements Is Most Correct

question 142

Multiple Choice

Which of the following statements is most correct?

• A)Capital formation was $1.6 trillion in 2009 up from $2.2 billion for 2006 largely due to the steep rise in home prices; in addition, the change in private inventories for 2009 was -$125 billion reflecting the severity of the financial crisis of 2007-09.
• B)Capital formation was $1.6 billion in 2009 down from $2.2 trillion for 2006 largely due to the steep decline in home prices; in addition, the change in private inventories for 2009 was +$125 billion reflecting the severity of the financial crisis of 2007-09.
• C)Capital formation was $1.6 trillion in 2009 up from $2.2 trillion for 1993 largely due to the steep decline in home prices; in addition, the change in private inventories for 2009 was -$125 thousand reflecting the severity of the financial crisis of 2007-09.
• D)Capital formation was $1.6 million in 2009 down from $2.2 million for 2006 largely due to the steep decline in home prices; in addition, the change in private inventories for 2009 was -$125 million reflecting the severity of the financial crisis of 2007-09.
• E)none of the above.

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Definitions:

Fashion Product

A product that comes in and out of favor with consumers.

Fad Product

A product that is very popular for a relatively short amount of time.

New-Product Development Process

A series of stages that an organization goes through to conceive, design, develop, and market new products.

Ideas

Creative thoughts or plans that are generated in the mind as potential solutions to a problem or for innovative projects.