Skip to Content
10 questions
Show Answers
See Preview
- 1. Multiple-choice30 seconds1 pt
Companies are affected by high interest rates in terms of paying their loans and products that they purchase through credit.
TRUE
FALSE
- 2. Multiple-choice20 seconds1 pt
When exchange rates fluctuate, they affect the ability of a company to pay its international suppliers
TRUE
FALSE
- 3. Multiple-choice30 seconds1 pt
Whenever an economy faces a recession, it has the potential to change the attitude taken by consumers toward their purchasing decisions.
TRUE
FALSE
- 4. Multiple-choice20 seconds1 pt
A lower inflation rate means a decrease in the purchasing power of the money of the people
TRUE
FALSE
- 5. Multiple-choice20 seconds1 pt
Higher level of unemployment results to higher demand for products and services
TRUE
FALSE
- 6. Multiple-choice20 seconds1 pt
For individuals lower tax means reduced disposable income .
TRUE
FALSE
- 7. Multiple-choice20 seconds1 pt
The increase or decrease of the population affects demand for products or services.
TRUE
FALSE
- 8. Multiple-choice30 seconds1 pt
Companies needs to adapt to the ever changing shifts in the preferences of the consumer as their lifestyle or culture changes.
TRUE
FALSE
- 9. Multiple-choice20 seconds1 pt
businesses provide opportunities for suppliers and investors that will supply them their needs
TRUE
FALSE
- 10. Multiple-choice30 seconds1 pt
taxes and fees collected from businesses enables the government to fulfill its functions and to provide public goods
TRUE
FALSE
