Which of the Following Statements Is (Are) True? I

question 5

Multiple Choice

Which of the following statements is (are) true? I. Politicians are more likely to use expansionary policies financed by deficit spending.
II) A public choice economist would argue that politicians are more likely to develop expansionary fiscal policy that maintains a balanced budget.
III) James Buchanan argued that using deficits to finance expansionary fiscal policies shifts government costs from future generations to present generations.

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

Recognize the mechanisms in place to protect shareholders, including the fiduciary duties owed by directors and officers.

Comprehend the varied defenses and strategies deployed by corporations against hostile takeovers.

Appreciate the ethical considerations and potential conflicts of interest in corporate management decisions.

Understand the concept and implications of the business judgment rule in protecting corporate directors.

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Definitions:

Foot Cradle

A device placed at the end of the bed to keep the bedclothes off the feet, preventing discomfort and promoting better healing of foot injuries.

Turned

To change direction or position, often used in the context of rotating a patient's body in a medical or care setting to prevent pressure sores.

Nursing Diagnosis

A clinical judgment about individual, family, or community responses to actual or potential health problems/life processes, forming the basis for selection of nursing interventions.

Impaired Physical Mobility

A reduction in the ability to move part or all of the body freely and easily.