Which of the Following Occurs as Macroeconomic Output Expands in the Short

question 124

Multiple Choice

Which of the following occurs as macroeconomic output expands in the short run?  

• A) The nominal cost of labour decreases. 
• B) The demand for nonlabour resources decreases. 
• C) Equipment wears out faster. 
• D) The nominal cost per unit of output falls.

Understand the components and calculation of the price-earnings ratio for a corporation.

Learn the calculation of total dividends paid and dividend yield.

Understand the process for calculating book value per ordinary share.

Ability to compute earnings per share for a corporation.

---

Definitions:

Retrenchment

A strategy used by organizations to reduce their scale or scope in response to financial pressures, often involving cost-cutting measures and reductions in workforce.

Organizational

Relating to the structure or functioning of an organization or the collective group organized for a particular purpose.

Operational

Pertaining to the daily activities and functions necessary for an organization or system to run efficiently and effectively.

State of Crisis

A situation or period in which an organization or community faces significant challenges or threats that require immediate and effective response.