Which of the Following Would Occur as Part of the Automatic

question 45

Multiple Choice

Which of the following would occur as part of the automatic adjustment process in an economy with a recessionary gap?

• A)rising prices
• B)increasing government purchases
• C)decreasing investment
• D)falling tax rates
• E)decreasing wages

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Delegating Responsibility

The process of assigning tasks and authority to others to ensure effective and efficient completion of tasks.

Basic Formula

The fundamental equation or rule that underlies a concept, theory, or operation.

Action Step

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