All of the Following Contribute to Greater Deficits When Unemployment

question 85

Multiple Choice

All of the following contribute to greater deficits when unemployment rises and reduce the deficit during an inflationary gap except for

• A)U.S.exports.
• B)Welfare benefits.
• C)Progressive personal income taxes.
• D)Unemployment insurance benefits.

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Definitions:

Competitive Strategy

Tactics and plans that a business uses to establish a unique position, gain competitive advantage, and achieve superior profitability.

Products and Services

Goods and assistance provided by businesses to satisfy the needs and wants of customers.

Implied Uncertainty

The uncertainty inherently present in expectations or forecasts, often due to incomplete information or unpredictable changes in external factors.

Lead Time

The time interval between initiating a process and its completion, often applied to the period between placing an order and receiving it.