According to Mainstream Economists the Basic Determinant of Real Output

question 77

Multiple Choice

According to mainstream economists the basic determinant of real output, employment, and the price level is:

• A) Information and people's expectations
• B) The level of aggregate expenditures
• C) The incentive to work, save, and invest
• D) The supply of money

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Definitions:

Current Creditors

Entities or individuals to whom a company owes money that is due to be paid within the short-term period, typically less than a year.

CRA

Stands for Canada Revenue Agency, the federal agency responsible for administering tax laws and various social and economic benefit and incentive programs.

Potential New Shareholders

Individuals or entities that may consider investing in a company's equity but currently do not hold any shares.

Auction Market

A marketplace in which buyers and sellers express their prices through bids and offers, and transactions occur at prices where supply and demand meet.