Which of the Following Statements Is True

question 12

Multiple Choice

Which of the following statements is true?

• A)a change in sales should have more impact on current investment if it is expected to be permanent rather than temporary.
• B)on a percentage basis,investment is more volatile than consumption.
• C)in terms of dollars,investment and consumption are about equally volatile.
• D)all of the above
• E)none of the above

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Definitions:

Quorum

The minimum number of members who must be present at a meeting to make the proceedings of that meeting valid.

Directors

Individuals elected by shareholders to manage and oversee the affairs of a corporation, forming its board.

Inside Information

Material, nonpublic, factual data that can be used to buy or sell securities at a profit.

Nonpublic

Information or entities not available or accessible to the general public, often pertaining to private or confidential matters.