When the Government Is Considering Whether It Should Change Its

question 72

Multiple Choice

When the government is considering whether it should change its spending in response to a recession, it must weigh the trade-off between _______ and _______.

• A) a faster recovery time; inflation
• B) less output; higher prices
• C) more output; lower prices
• D) a faster recovery time; lower prices

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Definitions:

Id's Drives

Psychoanalytic concept referring to the instinctual, unconscious drives and desires that seek immediate satisfaction according to the pleasure principle.

Socially Acceptable

Behaviors or norms that are considered appropriate and within the bounds of respectability within a society or community.

Ego

In psychoanalytic theory, the part of the mind that mediates between the conscious and the unconscious and is responsible for reality testing and a sense of personal identity.

Executive

Pertains to high-level management roles in organizations, responsible for making major decisions and directing overall operations.