The Father of General Equilibrium Theory Is Considered to Be

question 57

Multiple Choice

The father of general equilibrium theory is considered to be:

• A) Kenneth Arrow.
• B) Gerard Debreu.
• C) Leon Walras.
• D) John Nash.

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Definitions:

External Financing

External financing is the process of obtaining funds from outside sources, such as banks, investors, or financial markets, to support a company's operations or expansion.

Sales Capacity

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Projected Future Sales

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Sustainable Growth Rate

The maximum rate at which a company can grow its earnings without needing to increase its financial leverage or equity financing.