In the Short Run,the Price Level

question 33

Multiple Choice

In the short run,the price level

• A) will decrease if unit costs and markups both increase throughout the economy
• B) will remain stable if unit costs increase throughout the economy
• C) is unimportant in macroeconomics
• D) will increase if unit costs increase throughout the economy
• E) is determined by the Fed.

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Definitions:

Authorized Shares

The maximum number of shares that a corporation is legally permitted to issue, as specified in its articles of incorporation.

Issued Shares

The total number of shares that a corporation has legally sold to investors, including those held by the public and the company's officers or insiders.

Outstanding Shares

Outstanding shares refer to the total number of shares of a corporation's stock that are currently owned by all its shareholders, including share blocks held by institutional investors and restricted shares.

Cash Dividend

A payout of cash from a company's profits to its stockholders.