If Firms Believe That the Business Climate Is Improving, Then

question 159

True/False

If firms believe that the business climate is improving, then the short-run aggregate supply will shift to the right.

---

Definitions:

Accounts

Records within financial accounting that are used to keep track of increases or decreases in specific financial components, like assets, liabilities, equity, revenue, and expenses.

Dividends Declared

Dividends Declared are profits that a company's board of directors has decided to distribute to shareholders, but which have not yet been paid out.

Increase

An uptick in size, number, value, or strength.

Posting

The process of transferring journal entry amounts to respective accounts in the ledger.