Yugoslavia's Failure to Make a Successful Transition to Democracy and Economic

question 21

Multiple Choice

Yugoslavia's failure to make a successful transition to democracy and economic reform can be attributed to

• A)internal ethnic and religious divisions.
• B)intervention by outside powers.
• C)the lack of sufficiently nationalist leaders.
• D)NATO's failure to play a role in the area.
• E)Russian interference in the process of democratization.

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Definitions:

Period Costs

Selling and administrative expenses incurred in marketing the product, delivering the product, or managing the company and not directly related to manufacturing the product.

Fixed Costs

Expenses that do not change in total regardless of changes in the volume of goods or services produced or sold.

Variable Costs

Costs that change in proportion to the level of production or business activity, such as raw materials and direct labor costs.

Variable Cost

Spending that rises and falls according to how much is produced or sold, including costs for labor and materials.