Examlex
The aggregate demand-aggregate supply model shows that closing an expansionary gap involves deflation and closing a recessionary gap involves inflation.
Base Year
A reference point in time used for comparative financial analysis, where indicators are often normalized to 100.
Free Cash Flow
The cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Dividends
Payments of cash from a corporation to its stockholders.
Vertical Analysis
A financial analysis method that expresses each item in a financial statement as a percentage of a base figure, allowing for comparison across periods or companies.
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