Examlex
If the economy is at an above full-employment equilibrium, ________ gap exists and discretionary fiscal policy that ________ will return real GDP to potential GDP.
Accounts Payable Period
The average number of days it takes a company to pay off its suppliers and creditors.
Operating Cycle
The time period between the acquisition of inventory by a company and the receipt of cash from the sale of that inventory.
Payables Turnover
A financial efficiency ratio that measures how quickly a company pays off its suppliers by comparing net purchases to average accounts payable.
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