Given the Desire of Politicians to Get Reelected,they Might Try

question 83

Multiple Choice

Given the desire of politicians to get reelected,they might try in the short run to use _____.

• A)a contractionary monetary policy
• B)an expansionary fiscal policy
• C)an expansionary monetary policy
• D)tax increases
• E)automatic stabilizers to control demand

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Definitions:

Trial Balance

An accounting report that lists all the balances of each ledger account to ensure that debits equal credits, used as a tool for checking the accuracy of bookkeeping entries.

T Accounts

A graphical representation used in accounting to show the effects of transactions on individual accounts.

Net Income

The total earnings of a company after subtracting all expenses, taxes, and losses.

Cash Receipts

Inflows of cash, often from sales, interest, or dividends.