When Aggregate Expenditures Are Equal to Aggregate Production,the Economy Is

question 218

Multiple Choice

When aggregate expenditures are equal to aggregate production,the economy is experiencing

• A)an inflationary GDP gap.
• B)a budget deficit.
• C)a trade deficit.
• D)macroeconomic equilibrium.

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Definitions:

Stated Value

A value assigned to a company's no-par value stock by the company’s board of directors.

Shares

Shares represent an ownership stake in a company or financial asset, distributing profits equally through dividends if any are declared.

Earnings Per Share

A measure of a company's profitability calculated as net income divided by the number of outstanding shares of its common stock.

Treasury Shares

Shares of a company's own stock that it has repurchased and are held in the company's treasury.