The Business Cycle Describes

question 68

Multiple Choice

The business cycle describes

• A)long-run fluctuations in the level of economic activity.
• B)short-run fluctuations in the level of economic activity.
• C)low inflation.
• D)full employment.

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Definitions:

Articles of Incorporation

The primary document required to register a corporation with a state, detailing the fundamental aspects of the company, such as its name, purpose, and structure.

Share Split

A corporate action in which a company divides its existing shares into multiple shares to boost the liquidity of the shares, although the overall value of the shares remains the same.

Net Value

represents the final value of an asset or transaction after deducting all costs, expenses, and liabilities.

Capital Surplus

A balance sheet account; the portion of shareholders’ contributions exceeding the par or stated value of shares. Also called additional paid in capital.