Changes in Nominal GDP Reflect

question 30

Multiple Choice

Changes in nominal GDP reflect

• A)only changes in prices.
• B)only changes in the amounts being produced.
• C)both changes in prices and changes in the amounts being produced.
• D)neither changes in prices nor changes in the amounts being produced.

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Definitions:

IRS

Stands for Internal Revenue Service, the U.S. government agency responsible for tax collection and tax law enforcement.

Stock Repurchases

Stock repurchases, also known as share buybacks, occur when a company buys back its own shares from the marketplace, reducing the amount of outstanding stock.

Dividends

Dividends are a portion of a company's earnings distributed to its shareholders as determined by the company's board of directors.

Ex-Dividend Date

The date on which a stock begins trading without the entitlement to receive the next declared dividend, meaning buyers from this date forward will not receive the dividend.