At Equilibrium Income

question 55

Multiple Choice

At equilibrium income:

• A)planned and actual expenditure are equal.
• B)GDP will remained unchanged until an exogenous shock occurs.
• C)unplanned inventories are equal to zero.
• D)all of the above.

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Definitions:

Operating Activity

Activities that are part of the core operations of a business, including production, sales, and the provision of services.

Statement Of Cash Flows

A financial report that provides a summary of a company's cash inflows and outflows over a specific period.

Dividends Paid

Money distributed to shareholders out of a corporation's earnings as a return on investment.

Indirect Method

A cash flow statement presentation that starts with net income and adjusts for non-cash transactions, often used in financial reporting.