The Sum of the Demands from the Four Groups That

question 30

Multiple Choice

The sum of the demands from the four groups that contribute to demand in the whole economy is called

• A)aggregate supply.
• B)real GDP.
• C)potential GDP.
• D)aggregate demand.
• E)demand.

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Definitions:

Net Income

The total profit of a company after all expenses and taxes have been subtracted from total revenue, indicating the company's overall profitability.

Statement of Cash Flows

A financial report that shows the cash generated and used by a company during a specific period, classified into operating, investing, and financing activities.

Operating Activities

Activities that are directly related to the primary operations of a company, such as manufacturing, distributing, marketing, and selling a product or service.

Retained Earnings

The amount of net income left over for the business after it has paid out dividends to its shareholders.