Figure 10-7 ​ ​

question 201

Multiple Choice

Figure 10-7
​ ​
-If an economy is growing, but experiences no inflation, this means

• A)aggregate demand increased, but aggregate supply did not.
• B)aggregate supply decreased, but aggregate demand did not.
• C)aggregate demand and aggregate supply increased by the same amount.
• D)aggregate demand and aggregate supply decreased by the same amount.

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Definitions:

Asset Turnover Ratio

A financial metric that measures the efficiency of a company's use of its assets in generating sales revenue.

Return On

A financial ratio that measures the amount of return generated relative to the investment made.

Earnings Per Share

A measure of a company's profitability, calculated as the net income divided by the number of outstanding shares of its common stock.

Return On

A financial ratio indicating the profitability of an investment compared to its cost.