Less of an Economy's Resources Will Be Channeled into Building

question 57

Multiple Choice

Less of an economy's resources will be channeled into building new factories and equipment when:

• A)interest rates are high.
• B)households decide to save more of their income.
• C)firms are optimistic about their future profits.
• D)aggregate income increases.
• E)an economy has a trade deficit.

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Definitions:

Open Door Policy

A business strategy or principle that allows for transparency and open communication within a company or organization.

Due Process Rights

Legal guarantees that ensure fair treatment through the normal judicial system, especially as a citizen's entitlement.

Ombudsman

An independent officer appointed to investigate individuals' complaints against maladministration or violation of rights by public authorities or organizations.

Weingarten Rights

The right of unionized employees to have union representation during investigatory interviews that they believe could result in disciplinary action.