Considering Only Its Direct Effect on Income, Expansionary Fiscal Policy

question 96

Multiple Choice

Considering only its direct effect on income, expansionary fiscal policy tends to:

• A)be ambiguous with respect to the trade deficit.
• B)increase a trade surplus.
• C)decrease a trade deficit.
• D)increase a trade deficit.

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Definitions:

Policies and Procedures

Are formal guidelines and rules established by an organization to regulate its operations and behavior within its workforce.

Control Function

A management activity that involves monitoring performance, comparing it with goals, and taking corrective action as needed.

Environmental and Behavioral Obstacles

Challenges or barriers arising from the physical setting or individual actions that hinder progress towards achieving a goal.

Formulating Strategies

The process of creating plans and actions that define the direction of an organization or individual to achieve specific goals.