Which of the Following Statements Related to Greeting and Handshaking

question 33

Multiple Choice

Which of the following statements related to greeting and handshaking customs is incorrect?

• A)A firm handshake is the norm in the U.S.and Germany.
• B)In China bowing is a customary greeting behavior.
• C)People of Finland typically hug each other when greeting.
• D)The "bear hug" is a common form of greeting between males who are good friends in the Russian Federation.

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Definitions:

Liquid Assets

Assets that can be quickly converted into cash with little to no loss in value.

Credit Available

The amount of credit that a financial institution extends to a client, which the client has not yet used.

Autonomous Consumption

The level of consumption spending that occurs when income is zero, reflecting expenditures that consumers must make even when they have no income.

Permanent Income Hypothesis

Formulated by Milton Friedman, it states that the strongest influence on consumption is one’s estimated lifetime income.