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