________ Refers to a Period When the ________ Decreases

question 73

Multiple Choice

________ refers to a period when the ________ decreases.

• A) Recession; growth rate of nominal GDP
• B) Recession; growth rate of output per person
• C) Productivity growth slowdown; growth rate of real GDP
• D) Productivity growth slowdown; growth rate of output per person

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Definitions:

Cash Equivalent

Short-term, highly liquid investments that are easily convertible to known amounts of cash and close to their maturity.

Certificate of Deposit

A time deposit at a bank or financial institution that offers a fixed interest rate over a specified period.

Capital Acquisitions Ratio

A measure of a company’s ability to finance its investment in fixed assets through net income, indicating how much of the company’s capital is being acquired through profits.

Net Income

The amount of profit remaining after all operating expenses, taxes, and interest are deducted from total revenue.