Which One of the Following Statements Is the MOST Accurate

question 3

Multiple Choice

Which one of the following statements is the MOST accurate?

• A) Fiscal policy has the same effect on employment under fixed and flexible exchange rate regimes.
• B) Fiscal policy affects employment less under fixed than under flexible exchange rate regimes.
• C) Fiscal policy affects employment more under fixed than under flexible exchange rate regimes.
• D) Fiscal policy cannot affect employment under fixed exchange rate but does affect output under flexible exchange rate regimes.
• E) Fiscal policy can affect employment under fixed exchange rate regimes, but does not affect output under flexible exchange rate regimes.

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Definitions:

Intranets

Private networks within an organization designed to facilitate communication, collaboration, and information sharing among employees.

Tactical Decisions

Short-term decisions made within the framework of strategic plans, focusing on day-to-day operations of an organization.

Lower-Level Managers

Managers operating at the lowest tier of an organization's hierarchy, directly overseeing the execution of tasks and the performance of front-line employees.

Short-Term Planning

The process of planning organizational strategies and actions for a period ranging from a few weeks to a year.