Each of the Following Statements Could Be Considered True of Either

question 39

Multiple Choice

Each of the following statements could be considered true of either economic or social liberals,EXCEPT that

• A)they favor government activism in the area of distribution of economic benefits.
• B)they prefer a smaller role for government in upholding social and cultural traditions.
• C)they favor more government spending for the poor.
• D)they believe lifestyle choices should be left to the individual.
• E)they believe that government should be used to promote traditional values.

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Definitions:

Incurs Costs

To undergo or suffer expenses during the execution of activities or operations.

Profit Center

A business segment or department within an organization that is responsible for generating its own revenue and thereby directly impacting profitability.

Responsibility Center

A department or unit within an organization that is accountable for specific activities and performance, with its performance measured against planned objectives.

Generates Revenues

Refers to the activities or mechanisms through which a business or organization brings in income.