Michael Has Trained Very Long Hours in Order to Qualify

question 109

Multiple Choice

Michael has trained very long hours in order to qualify for the Olympics in diving.He has sacrificed a great deal as he put his education on hold and spent a lot of time away from his 2 small children and wife.To Michael,qualifying for the Olympics is a(n) ________.

• A)instinctual drive
• B)incentive
• C)innate goal
• D)optimum goal

Understand the different types of financing available to startups and companies.

Grasp the role and expectations of angel investors in startup financing.

Learn about the various instruments and structures of venture capital financing.

Understand the due diligence process in venture capital investments.

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Definitions:

Treasury Bills

Short-term government securities with maturities of less than one year, sold to investors to finance governmental debt.

Federal Government's Budget

The financial plan for a fiscal year, detailing the government's projected expenses and revenues, managed by the federal government.

Recessionary Gap

A situation where the real GDP is lower than the potential GDP, and the economy is producing below its capacity.

Income Tax Surcharge

An additional charge on the basic income tax liability, often applied to higher income brackets to collect additional revenue from them.