According to the Text,among the Drawbacks to a Consumer-Based Economy

question 60

Multiple Choice

According to the text,among the drawbacks to a consumer-based economy is/are __________.

• A)the dominance of large corporations and franchise operations
• B)the rise of Mom and Pop restaurants
• C)the unplanned spread of shopping malls
• D)Both a and c
• E)None of the above

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Definitions:

Functional Currency

A currency that an entity uses to conduct key aspects of its business operations, affecting how financial transactions and balances are denominated.

Dividends

Payments made by a corporation to its shareholder members, typically from profits earned.

Exchange Rates

The rate at which one currency is exchanged for another, affecting international trade and investments by determining how much one currency is worth in terms of another.

Foreign Subsidiary

A company that is based in a different country from the parent company but is owned or controlled by the parent company.