To Determine Equitable Distribution of Community Property, Courts Look at

question 10

Multiple Choice

To determine equitable distribution of community property, courts look at

• A) earning power of the spouses.
• B) age and health of the spouses.
• C) length of marriage.
• D) All of the answers are correct.

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Definitions:

Active Government Intervention

The involvement of the government in the economy to correct market failures, redistribute resources, or stabilize the economy.

Fiscal Policy

Government policies regarding taxation and spending that are used to influence economic conditions, including levels of employment, inflation, and economic growth.

Stagflation

An economic condition characterized by stagnant growth, high unemployment, and high inflation.

Potential Output

The maximum amount of goods and services an economy can produce when it utilizes all of its resources efficiently, without causing inflation.