The Term Economists Use to Describe a Situation in Which

question 60

Multiple Choice

The term economists use to describe a situation in which the economy's overall price level is rising is

• A)growth.
• B)inflation.
• C)recession.
• D)expansion.

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Definitions:

Par Value

A nominal value assigned to a security or stock, often used in accounting to represent the standard or face value.

Shares

Represent units of ownership interest in a corporation or financial asset, providing an equitable distribution of any profits, if declared, in the form of dividends.

Date Of Payment

The specific day on which a payment is due to be made or actually made.

Dividends

Payments made by a corporation to its shareholders, usually as a distribution of profits.