Excessive Unemployment Is a Sign of A(n)

question 74

Multiple Choice

Excessive unemployment is a sign of a(n)

• A) vertical short-run aggregate supply curve.
• B) automatic stabilizer.
• C) rapidly increasing price level.
• D) recessionary gap.
• E) excessive amount of total aggregate spending.

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Definitions:

Fair Value

A valuation of an asset or liability determined by current market prices in active trading environments.

Treasury Stock

Shares that were once part of the circulating supply but were bought back by the company, thus reducing the amount of outstanding stock.

Selling Price

The amount for which a product or service is sold to customers.

Paid-in Capital

Funds received by a company from equity investors in exchange for stock, representing the capital staked by shareholders in the company.