Markets Clear

question 195

Multiple Choice

Markets clear

• A) in the short run
• B) when a depression occurs
• C) when a recession occurs
• D) roughly every ninety days
• E) eventually

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Definitions:

O/I Ratio

In business, often refers to the Operating Income Ratio, a metric used to assess financial performance.

Referent Others

Individuals or groups that people compare themselves to for the purpose of self-evaluation or seeking guidance.

Perceived Inequity

The feeling or belief that an individual's inputs and outputs in a certain situation or relationship are not equitable compared to others.

Perceived Inequity

The feeling or belief that one's inputs and outputs in a relationship or situation are not proportional to those of others.