Fiscal Policy That Promotes,either Directly or Indirectly,the Reduction of Private

question 49

Multiple Choice

Fiscal policy that promotes,either directly or indirectly,the reduction of private and public spending would be appropriate when the economy is

• A) experiencing a high rate of inflation.
• B) experiencing a high rate of unemployment.
• C) entering a recession.
• D) exporting more than it imports.
• E) experiencing rapidly falling price levels.

---

Definitions:

Symbolic Self-Awareness

Uniquely human ability to think about oneself and use language (symbols) to represent oneself to others.

Self-Reflexiveness

Ability to think about what one is doing while doing it.

Conscientiousness

A personality trait describing someone as efficient, organized, self-disciplined, dutiful, and methodical.

Agreeableness

A personality trait describing someone as friendly, compassionate, trusting, and cooperative.