Examlex
Which of the following is a major weakness of an open-door policy of settling grievances in the workplace?
Exemptions
Provisions in tax law that allow taxpayers to reduce their taxable income, often for specific activities or investments.
Government Borrowing
The method by which a government finances its expenditure by issuing debt instruments, such as bonds.
Public Expenditures
Refers to the spending of government funds on goods, services, and infrastructure for the public benefit and economic stability.
Crowding Out
A situation in which increased public sector borrowing leads to a reduction in private sector spending, either because of higher interest rates or because available financial resources are used by the government.
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