Most Specifically, If a Consumer's __________ Increases, He or She

question 35

Multiple Choice

Most specifically, if a consumer's __________ increases, he or she is able to take advantage of the luxurious vacation travel opportunities offered on the Queen Mary 2, a cruise liner operated by Cunard.

• A)savings rate
• B)gross income
• C)taxes
• D)discretionary income
• E)disposable income

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Definitions:

Corporation

A legal entity that is separate from its owners, who own shares in the company and have limited liability.

Controller

A senior executive responsible for the accounting operations and financial reporting of a company.

Board of Directors

A group of individuals elected by shareholders to oversee the management and make key decisions for a corporation.

Declare Dividends

Declare dividends refers to the action by a company's board of directors to distribute a portion of the earnings to shareholders, typically in the form of cash or stock.