A Change to a Variable in a Model That Causes

question 65

Multiple Choice

A change to a variable in a model that causes other variables to deviate from their long-run equilibrium values in the short run or in the long run is referred to as a

• A)deviation.
• B)shock.
• C)standard deviation.
• D)disequilibrium catalyst.

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Definitions:

Sales Data

Information and statistics related to the sales performance of a company's products or services.

Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term financial health and operational efficiency.

Expressed

Typically refers to something stated explicitly or in a clear manner, often used in the context of contracts or mathematical terms.

Ratio

The expression of a financial statement item or set of items as a percentage of another financial statement item in order to measure an important economic relationship as a single number.