Which of the Following Models Is Considered by the Authors

question 49

Multiple Choice

Which of the following models is considered by the authors to be the most realistic model of interpersonal communication?

• A)communication as action
• B)communication as interaction
• C)communication as transaction
• D)communication as contraction

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Definitions:

Time-Value

The idea that having money now is more valuable than having the same sum in the future because of the potential to earn more over time.

Discounting

The process of determining the present value of a payment or a stream of payments that is to be received in the future.

Compounding

The process whereby interest is added to the principal sum, so that from that moment on, the interest that has been added also earns interest.

Demand Curve

A graph representing the relationship between the price of a good and the quantity demanded, with price on the vertical axis and quantity on the horizontal axis.