Which of the Following Would Indicate the Beginnings of an Expansion

question 157

Multiple Choice

Which of the following would indicate the beginnings of an expansion of the economy?

• A)fewer new firms are started
• B)stock market prices decline
• C)consumer confidence improves
• D)housing construction slows
• E)orders for new equipment decrease

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Definitions:

Deposit

A sum of money placed into a bank account or given as initial payment or security for the purchase of an item.

Compounded Daily

The process of calculating interest on both the initial principal and the accumulated interest from previous periods on a daily basis.

Interest

The cost of borrowing money or the return on investment for lending money, determined as a percentage of the principal amount.

Desired Amount

The specific sum of money or financial goal an individual or entity aims to achieve.