Aggregate Supply Is the Quantity Of

question 31

Multiple Choice

Aggregate supply is the quantity of:

• A) real output supplied at each level of inflation.
• B) nominal output supplied at each level of inflation.
• C) real output supplied at each level of real interest rate.
• D) output the country wants at each level of inflation.

---

Definitions:

Return on Equity

A financial ratio that measures the profitability of a company in relation to shareholders' equity, indicating how effectively equity supports operations and growth.

Earnings Per Share

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

Net Profit Margin Ratio

A profitability ratio calculated by dividing net income by net sales, showing how much profit a company makes for every dollar of its sales.

Gross Sales Revenue

the total amount of sales generated by a business before any deductions are made.