If Aggregate Output Is Falling,_____

question 47

Multiple Choice

If aggregate output is falling,_____.

• A)federal budget deficit decreases
• B)tax revenue increases
• C)automatic stabilizers will tend to increase the size of the deficit
• D)automatic stabilizers will tend to decrease the size of the deficit
• E)transfer payments decrease as fewer people become eligible for public assistance

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Definitions:

Offshore

The practice of moving some of a company's operations or services to another country to capitalize on lower costs or favorable regulations.

Strategic Consequences

The outcomes or impacts that result from the implementation of specific strategies or decisions within an organization or nation.

Enterprise Resource-Planning

A software system used by organizations to manage day-to-day business activities such as accounting, procurement, project management, and manufacturing.

Just-In-Time Manufacturing

A production strategy that aims to reduce in-process inventory and associated carrying costs by producing goods only as they are needed.