Author Question: By the close of the 20th century, it was said about recessions that: a. There would be more ... (Read 64 times)

joblessjake

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By the close of the 20th century, it was said about recessions that:
 a. There would be more recessions in the future and they would be more severe than past recessions.
  b. Information technology could be used to warn businesses of potential economic slowdowns and companies could make adjustments.
  c. Although there would no longer be any recessions, the new economy would experience more depressions.
  d. The business cycle of boom' and bust' would be more rapid.
  e. Economic slowdowns could be diverted by increasing interest rates and decreasing inflation.

Question 2

PepsiCo International did not consider profit as the main criterion when they approached the former Soviet Union to establish a countertrade agreement.
 
 Indicate whether the statement is true or false



SVictor

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Answer to Question 1

B

Answer to Question 2

T
PepsiCo International did not consider profit as the main criterion when they approached the former Soviet Union to establish a countertrade agreement. Instead, market size and ultimate potential of the market were the company's primary concerns.



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