If an Economy's Resources Are Used Efficiently,then It Is Guaranteed

question 10

True/False

If an economy's resources are used efficiently,then it is guaranteed that the economy will also achieve equity.

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Definitions:

Common Stock

A type of security that signifies ownership in a corporation and represents a claim on part of the company's profits or losses.

Retained Earnings

The segment of net profit held back by the business rather than being shared with its proprietors in the form of dividends.

Deferred Revenue

Income that has been received by a company for goods or services not yet delivered or performed, recognized as a liability on the balance sheet.

Common Stock

Represents ownership in a corporation, granting holders voting rights and a share in the company's profits through dividends.