In the Initial Stages of the Great Depression, Fiscal Authorities

question 55

Multiple Choice

In the initial stages of the Great Depression, fiscal authorities responded to the decline in
Output by

• A) increasing government purchases to stimulate aggregate demand.
• B) raising taxes to increase government revenue.
• C) lowering taxes to encourage spending.
• D) subsidizing private production to create jobs.

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Definitions:

Emotional Conflicts

disputes that are primarily driven by emotions and feelings rather than logical or factual disagreements.

Teamwork

Occurs when team members live up to their collective accountability for goal accomplishment.

Intrapersonal Conflict

Intrapersonal conflict occurs within the individual because of actual or perceived pressures from incompatible goals or expectations.

Incompatible Goals

Objectives that cannot be achieved simultaneously because they conflict with one another.