Examlex
Consider a simple macro model with a constant price level and demand-determined output.The inclusion of government in such a model affects desired aggregate expenditure directly through ________ and indirectly through ________.
Price-earnings
A financial ratio that measures the market value of a stock in relation to its earnings per share, indicating how much investors are willing to pay per dollar of earnings.
Earnings Per Share
A financial metric that calculates the portion of a company's profit allocated to each outstanding share of common stock.
Price-earnings Ratio
A valuation ratio of a company's current share price compared to its per-share earnings.
Bonds Payable
A financial accounting term that refers to the bonds a company has issued that must be repaid at a future date.
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