Economic Growth Can Be Thought of as

question 226

Multiple Choice

Economic growth can be thought of as

• A) an increase in the price level.
• B) a decrease in the price level.
• C) an increase in long-run aggregate supply.
• D) an increase in aggregate demand.

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Definitions:

Dividends

Distributions to shareholders from a corporation, typically originating from the firm's earnings.

Market Price

The contemporary selling or buying price for an asset or service in the marketplace.

Earnings Per Share

A financial ratio calculated as a company's net income divided by the number of outstanding shares of its common stock.

Par Value

Par value is the nominal or face value of a bond, stock, or coupon as indicated on a certificate or instrument, often used in the legal capital of a corporation.