Which of the Following Factors Has Led to a Dramatic

question 53

Multiple Choice

Which of the following factors has led to a dramatic increase in home shopping?

• A)the development of satellite connectivity
• B)the nationalization of telephone networks
• C)the development of high-definition television
• D)the shift in social preferences among consumers
• E)the widespread use of credit cards

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Definitions:

Withdraw

The act of removing funds from an account or investment, or the process of backing out of an engagement or commitment.

Inherited

Received as an inheritance, passing on assets from a deceased person to their heirs or beneficiaries.

Ordinary Annuity

A series of equal payments made at regular intervals over a set period.

Interest Rate

The cost of borrowing money, typically expressed as an annual percentage of the principal amount.