A Decrease in Consumer Confidence Can Put Your Job at Risk

question 269

Multiple Choice

A decrease in consumer confidence can put your job at risk if

• A)aggregate expenditures fall.
• B)consumers expect their incomes to rise in the future.
• C)aggregate expenditures rise.
• D)consumers expect firms to increase investment in the future.
• E)your firm produces inferior goods.

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Definitions:

Certify Accuracy

To officially affirm or validate the truthfulness and correctness of information or data.

Sarbanes-Oxley Act

A federal law established in the United States in 2002 that aims to safeguard investors through the enhancement of the precision and dependability of company reports.

Outside Directors

Board members who are not part of the company's day-to-day operations, providing independent oversight and insight.

Publicly Traded

Refers to a company whose shares are available for purchase by the general public on a stock exchange.