What Is an Entity Called That Is Controlled by Another

question 22

Multiple Choice

What is an entity called that is controlled by another entity?

• A) A subsidiary
• B) An associate
• C) A joint venture
• D) An affiliated company

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Definitions:

Aggregate Supply

The total supply of goods and services that firms in an economy are willing and able to sell at a given price level in a given time period.

Consumption Expenditures

The total amount spent by households on goods and services for personal use within a specified period.

Investment Expenditures

Spending by businesses on capital goods, and by households on new homes.

Unemployment

A situation where individuals who are capable of working and willing to work do not find suitable employment.