External Events Include All of the Following Except

question 48

Multiple Choice

External events include all of the following except:

• A)Paying employees' salaries.
• B)Purchasing equipment.
• C)Using office supplies.
• D)Collecting an account receivable.

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Definitions:

Recessions

A period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.

Automatic Stabilizers

Economic policies and programs designed to offset fluctuations in a nation's economic activity without the need for intervention by policymakers.

Expenditures

The amount of money spent on goods, services, or other expenses within a certain period.

Recessions

Periods of temporary economic decline during which trade and industrial activities are reduced, generally identified by a fall in GDP in two successive quarters.