When Consumers Are Very Reluctant to Spend in a Recessionary

question 48

Multiple Choice

When consumers are very reluctant to spend in a recessionary environment, the government's most effective strategy is to

• A) increase spending through bond financing.
• B) decrease income taxes.
• C) decrease corporate taxes.
• D) do nothing; the economy will self-correct in the short run.

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Definitions:

Sexual Harassment

Unwelcome sexual advances, requests for sexual favors, and other verbal or physical conduct of a sexual nature that makes submission a condition of employment or a factor in employment decisions or that creates an intimidating, hostile, or offensive work environment. The two types are hostile environment and quid pro quo.

Nonemployee

A nonemployee is an individual who performs work for a company or organization but is not classified as an employee, often without the same rights, benefits, or obligations.

Title VII

Title VII is a section of the Civil Rights Act of 1964 in the United States that prohibits employment discrimination based on race, color, religion, sex, or national origin.

Indian Tribes

Indigenous peoples recognized by the federal government as sovereign entities with certain self-governing powers and rights.