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Other Things the Same, What Happens in the Long Run

question 55

Essay

Other things the same, what happens in the long run to the price level and quantity of output after a contraction in aggregate demand?


Definitions:

Market Value

The open market value at which a service or asset is available for trading.

Shares Outstanding

The total number of shares of stock that are currently owned by investors, including shares held by institutional investors and restricted shares owned by the company’s insiders.

Reverse Stock Split

A decrease in the number of a corporation's outstanding shares, which increases the share price proportionally.

Market Value

The cost at which you can currently buy or sell a service or asset in the open market.

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