Which of the Following Is an Example of the Use

question 90

Multiple Choice

Which of the following is an example of the use of activist Keynesian fiscal policy in recent times?

• A) In 1994, the Japanese government formulated a plan to increase spending and cut taxes in order to help their ailing economy.
• B) In the late 1990s the Chinese government increased spending to prevent severe economic activity.
• C) In 2001, George W. Bush led the effort for a tax cut to provide stimulus to a sluggish economy.
• D) All of the above are examples of activist Keynesian fiscal policy.

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Definitions:

Smoothing Constant

A parameter used in exponential smoothing models that controls the rate at which the influence of older observations declines.

Sales Details

Specific information related to the quantity, price, and conditions of a product or service sale.

Value of K

In various contexts, it represents a specific variable or parameter value, such as the number of nearest neighbors in KNN algorithm or clusters in K-means clustering.

Mean Absolute Deviation

A measure of variability that averages the absolute deviations of individual observations from a central point, typically the mean.