Match the Term with Its Definition

question 54

Multiple Choice

Match the term with its definition.
-A financial report showing a firm's sources of cash as well as its uses of cash

• A)accrued expenses
• B)cash flow activities
• C)cost of goods sold
• D)gross profits
• E)long-term debt
• F)long-term note
• G)net profits
• H)operating profits
• I)profit margins
• J)profits before taxes (taxable income)
• K)short-term notes
• L)statement of cash flows

Identify the effects of fiscal policy on aggregate demand and supply.

Distinguish between discretionary fiscal policy and automatic stabilizers.

Recognize the impact of fiscal policy on employment, the price level, and GDP.

Analyze the effects of taxes and government purchases on the economy.

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Definitions:

Reversible Figure

A visual pattern that easily allows more than one interpretation, in some cases changing the specification of figure and ground, in other cases changing the perceived organization in depth.

Lighter

A portable device used to generate a flame for the purpose of lighting something, such as a cigarette or candle.

Darker

Having very little light, not bright, or closer to black in color.

Gestalt Grouping

principles that describe how humans naturally organize visual elements into groups or unified wholes.