The Finance Committee Submitted ------ Annual Update to the CEO

question 9

Multiple Choice

The finance committee submitted ------ annual update to the CEO and all stockholders.

• A) ​it's
• B) ​its'
• C) ​its

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Definitions:

Present Consumption

The use of goods and services for immediate satisfaction or needs, as opposed to saving for future use.

Loanable Funds

The supply of available capital in the financial markets for borrowing, which can be used for investment purposes by individuals and businesses.

Future Consumption

The use of goods or services at a later date, often facilitated by saving or investing in the present.

Productivity of Capital Goods

The effectiveness with which capital goods, such as machinery and equipment, produce goods or services.