A Main Goal of Fiscal Policy Is to __________

question 40

Multiple Choice

A main goal of fiscal policy is to __________.

• A)affect how much money is available to foreign governments for investment
• B)use taxes and government spending to help stimulate or slow down the economy
• C)determine how much interest the government will pay on the federal debt
• D)stimulate the economy by increasing the number of imports into the United States-

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Definitions:

Competency-Based Pay

A compensation system that bases an employee's pay on the skills, abilities, and knowledge they bring to the job, rather than their job title or position.

Management Styles

The various approaches and methods used by managers to motivate staff, direct activities, and achieve organizational objectives.

Compensation Mix

The combination of different types of compensation, such as base salary, bonuses, stock options, and benefits, that an organization offers its employees.

Indirect Pay

Compensation that includes benefits provided by the employer but are not directly paid out as cash, such as health insurance and retirement plans.