Which Statement Is True

question 117

Multiple Choice

Which statement is true?

• A)The average workweek is about 50 percent lower than it was in 1900.
• B)The average workweek is about the same as it was in 1900.
• C)Most Americans work more hours per year than do most Western Europeans.
• D)Most American workers work less hours than workers in other industrialized countries.

Learn the strategic application of the compliment close in dealing with various types of customers.

Evaluate the effectiveness of summary-of-benefits and continuous-yes closes.

Understand the importance of customer perspective in closing sales.

Demonstrate knowledge of the twelve keys to successful closing.

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Definitions:

Inflation

The rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling. Central banks attempt to limit inflation, and avoid deflation, in order to keep the economy running smoothly.

Multiple Counting

The erroneous practice of counting the same item more than once when calculating economic data, such as in measuring GDP.

Intermediate Goods

Goods used in the production process to create a final product, such as raw materials, components, or subassemblies, which are not counted in a country’s GDP to avoid double counting.

Final Goods

Products that are ready for consumption by individuals or businesses, without further transformation or being used in producing other goods.