Examlex
Suppose the economy is currently operating at potential output; a recessionary gap may be caused by each of the following EXCEPT:
Corporations
Legal entities recognized by law, formed by individuals or groups to conduct business, which can own assets, incur liabilities, and sell equity.
Initial Stockholders
The original investors or owners of a company’s stock at the time of its issuance.
Newly Formed
Refers to an entity or organization that has recently been created or established.
Directors
Individuals elected by shareholders to oversee and make high-level decisions for a corporation, forming its board of directors.
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