Ceteris Paribus,economic Growth Involves An

question 26

Multiple Choice

Ceteris paribus,economic growth involves an:

• A) Increase in imports.
• B) Expansion of production possibilities.
• C) Increase in GDP due to inflation.
• D) Increase in government spending.

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Definitions:

Preference Shares

Preference shares are shares of a company's stock with dividends that are paid out to shareholders before common stock dividends are issued.

Ordinary Shares

Shares that have no specific rights to any distributions of profit by the company. Ordinary shareholders obtain what is left after all other parties’ claims have been met.

Liquidation

The process of converting assets into cash or paying off liabilities in order to close down a business.

Liquidations

The process of winding up a company's financial affairs by selling off assets to pay creditors and distribute any remaining assets to shareholders.