Which of the Following Is an Example of a Kickback

question 125

Multiple Choice

Which of the following is an example of a kickback?

• A)Barry slips the receptionist $20 so he can get an interview with her boss.
• B)Lori buys the purchasing agent of Lincoln Electrical Company an extravagant lunch to cement their friendship.
• C)Payton shares industrial secrets with one of his competitors.
• D)Chantal pays a department store buyer 5 percent of all orders placed by the store.
• E)Andrew pays the government official $200 to speed up the licensing process.

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Definitions:

Lower Inflation

A decrease in the rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is increasing.

Effectiveness Lag

The delay between the implementation of a policy and the time it takes for the policy's effects to manifest in the economy.

Monetary Policy

Economic strategy chosen by a government's central bank to control the money supply, aiming at achieving macroeconomic goals such as controlling inflation, consumption, growth, and liquidity.

Adaptive Expectations

An economic theory suggesting that people adjust their future expectations based on past experiences and trends.