What Is the Difference Between a Change in Aggregate Demand

question 50

Multiple Choice

What is the difference between a change in aggregate demand and a change in aggregate quantity of real GDP demanded?

• A) A change in aggregate demand is represented by a movement along the aggregate demand curve in response to a price change while a change in aggregate quantity of real GDP demanded is represented by a shift of the aggregate supply curve in response to a change in a component of aggregate demand.
• B) A change in aggregate demand is represented by a shift of the aggregate demand curve in response to a change in the actual price level while a change in aggregate quantity of real GDP demanded is represented by a movement along the aggregate demand curve in response to a change in the expected price level.
• C) A change in aggregate demand is represented by a shift of the aggregate demand curve in response to a change in a component of aggregate demand while a change in aggregate quantity of real GDP demanded is represented by a movement along the aggregate demand curve in response to a change in the price level.
• D) There is no difference between the two terms.

Recognize the effects of stock splits and dividends on company's equity and per share values.

Differentiate between the rights and privileges of preferred stockholders versus common stockholders.

Comprehend the basic accounting for issuance and repurchase of company's own shares.

Understand the declaration, payment, and impact of dividends on a company’s financial position.

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Definitions:

Satisfaction

How well an individual’s needs are met by the job

TWA

Acronym for Theory of Work Adjustment, a psychological theory describing how individuals adjust to their work environments and how work environments respond to individuals.

Autonomy

The capacity to make an informed, uncoerced decision or the state of being self-governing in personal or professional contexts.

Mismatch

This occurs when there is a lack of alignment or compatibility between two or more things or elements.