The Table Below Shows the Full-Employment Budget Surplus as a Percentage

question 80

Multiple Choice

The table below shows the full-employment budget surplus as a percentage of GDP over a five-year period. Refer to the above information.In which year was fiscal policy contractionary?

• A)Year 2
• B)Year 3
• C)Year 4
• D)Year 5

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Definitions:

Performance Reviews

The formal assessment process where employee job performance and productivity are evaluated by management, typically on an annual or semi-annual basis.

Manager's Subjective Opinion

The personal and individual judgments or beliefs of a manager, which may influence decision-making processes within a business context.

Two-Way Communication

A method of exchange where information flows in both directions, from sender to receiver and back, allowing for feedback and interaction.

Maximizing Employee

Strategies aimed at enhancing the productivity and satisfaction of workers to achieve the highest possible outcomes for the organization.