Which of the Following Is an Example of a Fiscal

question 44

Multiple Choice

Which of the following is an example of a fiscal policy?

• A) The Bank of Canada takes action to increase the money supply during an economic recession.
• B) The federal government increases infrastructure spending during an economic recession.
• C) The Bank of Canada decreases interest rates during an economic recession.
• D) Businesses begin to lay off employees and cut back on spending during an economic recession.

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Definitions:

Commercialization

The full introduction of a complete marketing strategy and the launch of the product for commercial success.

Marketing Strategy

A plan of action for developing, pricing, distributing, and promoting products that meet the needs of specific customers.

Advertising

A paid form of nonpersonal communication transmitted through mass media, such as television commercials or magazine advertisements.