Vending Machine Operators Can Expand Their Range of Goods Sold

question 2

Multiple Choice

Vending machine operators can expand their range of goods sold by ________.

• A) increasing the number of machines in offices and factories
• B) using microprocessors to record consumer preferences
• C) adding dollar bill changers and debit card readers to current and new machines
• D) adding voice synthesizers to existing and new machines

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Definitions:

Base Year

A specific year against which economic variables are measured and compared in indices or other economic calculations.

Price Index

A measure that examines the weighted average of prices of a basket of consumer goods and services, changing over time to reflect the cost of living.

Inflation

An economic condition characterized by an overall increase in prices and decrease in the purchasing value of money.

Deflation

A decrease in the general price level of goods and services, often indicating a contraction in the amount of money in circulation.