Which of the Following Would Be Considered the Most Discretionary

question 34

Multiple Choice

Which of the following would be considered the most discretionary of the following cash outflows?

• A)Interest payment
• B)Payment to suppliers
• C)Repurchase of stock
• D)Administrative expense

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Definitions:

Aggregate Demand

Aggregate demand represents the total quantity of all goods and services demanded by the economy at various price levels, in a given period of time.

Phillips Curve

A financial principle illustrating a reverse correlation between unemployment levels and inflation rates within an economy.

Aggregate Demand (AD)

The total demand for all goods and services within an economy at different price levels, during a specific time period.

Unemployment Rate

The fraction of the working-age population that is currently unemployed and looking for a job.