Unemployment Insurance and the Proportional Nature of the Tax System

question 3

Multiple Choice

Unemployment insurance and the proportional nature of the tax system are examples of:

• A) discretionary fiscal policy.
• B) automatic fiscal policy.
• C) both discretionary and automatic fiscal policy.
• D) expansionary fiscal policy.

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Definitions:

Chain Of Command

The formal line of authority, communication, and responsibility within an organization.

Licensing

The granting of permission by an authority to an individual or entity to carry out certain activities that would be illegal without said permission.

Sociocultural Factors

The social and cultural influences that impact an individual's behavior, attitudes, and beliefs.

Horizontally Structured

An organizational layout where companies or departments are equal in status and emphasis is on collaboration and the distribution of power.