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Explain how the aggregate demand and aggregate supply model can be made more dynamic.
Residual Claims
Claims holding a lower priority than other debt obligations, which are entitled to the income or assets of a corporation after all other obligations have been met.
Common Shares
Equity ownership units in a corporation, entitling holders to dividends and voting rights.
Efficient Markets Hypothesis
The theory that all available information is already reflected in stock prices, implying that it is impossible to consistently achieve higher returns.
Semistrong-Form
A theory related to the Efficient Market Hypothesis that asserts all public information is already reflected in stock prices, along with historical information.
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Q147: Refer to Figure 11-4.The candy store represented