If the Economy Is in Equilibrium, It Must Be

question 57

Multiple Choice

If the economy is in equilibrium, it must be

• A)on the 45° line.
• B)on the 60° line.
• C)below the 45° line.
• D)below the 60° line.

---

Definitions:

Notice To Quit

A written notification from a landlord to a tenant to leave the premises by a specified date.

Continues Business

Continuation of company operations without interruption or cessation.

Dissociation

The process by which a member's involvement in an entity is terminated, typically in the context of a partnership or limited liability company.

Capital Contribution

Capital contribution refers to the funds, assets, or other resources a partner or shareholder provides to a partnership or corporation to support its operations or increase its equity.