Which of the Following Statements Is Not True

question 45

Multiple Choice

Which of the following statements is not true  

• A) Technology, like social factors, varies significantly across countries.
• B) Major events often are the beginning of slow shifts in public opinion or buying habits.
• C) Cultural ethics deals with the values and morals of a society and how they translate to societal acceptance.
• D) Psychographics exist within demographics.

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Definitions:

Falling Output

Falling output describes a situation where an economy or a particular sector is producing less goods or services over time.

Budget Deficit

A financial situation where government expenditures exceed its revenues.

Functional Finance

An economic theory asserting that government should finance its spending to meet explicit economic objectives, such as full employment, rather than aiming to balance budgets.

Budget Deficit

The financial situation where a government's expenditures exceed its revenues, leading to a shortfall that must be financed through borrowing.