Economist C Says All of the Following: Expansionary Fiscal Policy

question 27

Multiple Choice

Economist C says all of the following: Expansionary fiscal policy is needed to raise aggregate demand and remove the economy from a recessionary gap.The choice of fiscal policy measures is between ________________ government spending and a _______________ in taxes.Since I am in favor of bigger government,I choose a(n) _________________ in _________________.

• A) less; decrease; increase; government spending
• B) more; decrease; increase; government spending
• C) less; rise; decrease; government spending
• D) less; reduction; increase; taxes
• E) b or d

Identify the link between social responsibility and business profitability.

Recognize legal and ethical responsibilities of businesses.

Learn about the role of corporate citizenship and its activities.

Understand consumer rights and business responsibility towards consumer protection.

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Definitions:

Concentration Gradient

A term describing the difference in the concentration of a substance between two areas, which can drive diffusion.

ATP

Adenosine triphosphate, a molecule that stores and transfers energy within cells, enabling various cellular processes.

Passive Transport

The movement of substances across a cell membrane without the need for energy input, typically along the concentration gradient.

Plasma Membrane

The lipid bilayer membrane surrounding cytoplasm of a cell, regulating the passage of substances in and out of the cell.