Many Economists Believe That Long-Run Economic Growth Is Best Promoted

question 22

Multiple Choice

Many economists believe that long-run economic growth is best promoted by ________ structural change,such as with a policy of ________.

• A)resisting; subsidizing failing industries
• B)resisting; retraining and relocation grants
• C)resisting; contractionary monetary policy
• D)adapting to; assisting retraining and relocation
• E)adapting to; subsidizing failing industries

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Definitions:

Extraordinary Item

An unusual or infrequent event that is not part of the normal activities of a business and must be reported separately in the financial statements.

Discontinued Operations

Parts of a company's core business or subsidiaries that have been sold, disposed of, or abandoned and are reported separately from continuing operations in financial statements.

Comparative Income Statement

A financial statement that presents the revenues, expenses, and net income for multiple periods to assess a company's financial performance over time.

Operating Divisions

Distinct segments within a company, each responsible for certain operational aspects or market services.