A Period of Sustained Decline in Output in an Economy

question 12

Multiple Choice

A period of sustained decline in output in an economy is known as a(n) _____.

• A)expansion
• B)stagnation
• C)peak
• D)trough
• E)contraction

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Definitions:

Equity Income

Income earned through investments in stocks, representing a share of the profits from the company in which one owns equity.

Voting Common Stock

Shares that give the shareholder the right to vote on company policies and the election of the board of directors.

Net Loss

The result when a company's expenses exceed its revenues during a specific period, indicating that the business incurred more costs than the income it generated.

Significant Influence

The power to participate in the financial and operating policy decisions of an investee without controlling those policies.