Which of the Following Is NOT an Explicit Short-Run Goal

question 170

Multiple Choice

Which of the following is NOT an explicit short-run goal of discretionary fiscal policy?

• A) full employment
• B) economic growth
• C) inflation control
• D) zero unemployment

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Definitions:

Price Of Labor

Refers to the wage rate, or the amount of compensation workers receive in exchange for their labor.

Sri Lanka

An island country in South Asia, located in the Indian Ocean southwest of the Bay of Bengal and southeast of the Arabian Sea.

Capital Abundant

A description of an economy or sector that has a large amount of capital (such as machinery, tools, and buildings) available compared to labor.

Factor Markets

Markets in which firms buy the resources they need to produce goods and services.