Which of the Following Is NOT an Example of a Short-Term

question 89

Multiple Choice

Which of the following is NOT an example of a short-term macroeconomic shock?

• A) planned investment expenditures
• B) a hurricane
• C) increased military spending
• D) a change in the tax code
• E) new technology

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Definitions:

Cash Flow

The net amount of cash and cash-equivalents being transferred into and out of a business.

Merchandisers

Businesses that purchase goods for resale at a profit, dealing primarily in tangible products that are marketed to consumers or other businesses.

Credit

An accounting entry that increases a liability or equity account, or decreases an asset or expense account; also refers to the provision of resources based on a trust agreement.

Sales Tax

A tax imposed by governments on the sale of goods and services.