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.

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Definitions:

Negligence

A failure to exercise the care that a reasonably prudent person would exercise in similar circumstances, leading to causing harm or damage.

Battery

An intentional unconsented physical contact or use of force against another person, causing harm or offense.

Self-Defense

The right to defend oneself or others against physical harm or death through the use of reasonable force.

Defense Of Property

The use of reasonable force to protect one's property from harm threatened by another. The use of deadly force in defending one's property is seldom justified.