Which of the Following Will Occur as Part of the Automatic

question 90

Multiple Choice

Which of the following will occur as part of the automatic adjustment process in an economy with an inflationary gap?

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

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Definitions:

Refuse Claims

The act of denying or rejecting assertions, demands, or entitlements, often in a legal or formal context.

Requests For Adjustments

Appeals or petitions for changes or modifications to a product, service, or policy to better meet needs or standards.

Crisis Management Plan

A comprehensive plan developed to respond to an emergency or unexpected event affecting an organization.

Authorized To Speak

Having the official right, permission, or capacity to express opinions or make decisions on behalf of oneself or others.