According to Aggregate Demand and Supply Analysis,America's Involvement in the Vietnam

question 73

Multiple Choice

According to aggregate demand and supply analysis,America's involvement in the Vietnam War had the effect of

• A)increasing aggregate output,lowering unemployment,and raising the inflation.
• B)decreasing aggregate output,lowering unemployment,and lowering the inflation.
• C)increasing aggregate output,raising unemployment,and raising the inflation.
• D)decreasing aggregate output,raising unemployment,and lowering the inflation.

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Definitions:

Operating Activities

Operating activities include the primary, day-to-day tasks and transactions related to running a business, which contribute to generating revenue.

Direct Method

A cash flow statement reporting approach that lists major operating cash receipts and payments during a period.

Statement of Cash Flows

A financial report that provides aggregate data regarding all cash inflow and outflow a company receives from its ongoing operations and external investment sources.

Operating Activities

Involves the day-to-day actions that are taken for the main operations of a business, such as sales and purchase of goods or services, which are reflected in the cash flow from operating activities in the financial statements.