The Budget Policy That Sets the Government's Budget to Attain

question 59

Multiple Choice

The budget policy that sets the government's budget to attain a socially optimal combination of unemployment and inflation is likely to

• A) be balanced each and every year.
• B) cause continual growth in the public debt.
• C) have a cyclically adjusted surplus.
• D) run surpluses even when unemployment is high.
• E) be balanced over the course of the business cycle.

Explain the significance of emergent norms in governing crowd behavior.

Understand the role of physical and virtual spaces in shaping collective and group behaviors.

Assess the impact of individual actions and group membership on the collective behavior of mobs, crowds, and other assemblies.

Understand the concept and factors leading to deindividuation.

---

Definitions:

Registered Trademark

A symbol, word, or phrase that has been officially registered with a government authority to differentiate products or services.

Trade Secret

A formula, practice, process, design, instrument, pattern, or compilation of information that is not generally known or reasonably ascertainable, by which a business can obtain an economic advantage over competitors or customers.

Unique Manufacturing

A production process characterized by creating novel and one-of-a-kind products not readily available in the market.

Copyright Legislation

Laws and regulations established to protect the intellectual property rights of creators, preventing unauthorized copying and distribution of their works.