The Statement "Cutting Government Spending Is the Best Way to Boost

question 159

True/False

The statement "Cutting government spending is the best way to boost consumer confidence" is an example of normative economics.

---

Definitions:

Linear

Characterized by a sequential, straight progression from one point to another without deviating.

Industries

Sectors of the economy that are characterized by a specific kind of activity or product, like technology, healthcare, and manufacturing.

UN Global Compact

Provides ‘universal’ guidance to businesses in developing sustainable practices, and sets some standards in relation to businesses that aim to operate ethically.

Anti-Corruption

Efforts made to combat fraud, bribery, and other corrupt practices in organizations and institutions.