Examlex

Solved

What Is Measured on the Vertical Axis of the Aggregate

question 247

Multiple Choice

What is measured on the vertical axis of the aggregate demand/aggregate supply model?


Definitions:

Return On Equity

A measure of financial performance calculated by dividing net income by shareholders' equity.

Total Debt Ratio

A financial ratio that measures the extent of a company’s leverage, calculated by dividing its total liabilities by its total assets.

Profit Margin

A financial metric indicating the percentage of revenue that exceeds the costs of goods sold, representing the profitability.

Current Ratio

This ratio assesses whether a company can cover debts due in less than a year, indicating its short-term financial health.

Related Questions