Which of the Following Is (Are) True? I

question 341

Multiple Choice

Which of the following is (are) true? I. For economists who favor a functional finance approach to the federal budget, their first priority is to determine whether the budget is in surplus or deficit.
II) Slowly growing and fully employed economies do not have important public debt or deficit issues.
III) The government's primary microeconomic job, according to those who favor functional finance, is to provide the public goods and services citizens want.

• A) I and II only
• B) I only
• C) II and III only
• D) III only.

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Definitions:

Consumer Behaviour

Exploring the actions of individuals, teams, or organizations in choosing, acquiring, deploying, and discarding products, services, experiences, or ideas with the goal of meeting their needs, and the resultant effects of these actions on both the consumer and social fabric.

Products

Items or services offered for sale by a business, ranging from physical goods to digital offerings and services.

Synchronous Interaction

Real-time communication where individuals exchange information instantly with minimal delay.

Asynchronous Interaction

Communication where responses do not occur in real-time, allowing participants to engage according to their own schedule.