Other Things Equal,which of the Following Will Lead to an Increase

question 13

Multiple Choice

Other things equal,which of the following will lead to an increase in output and employment?

• A) The federal government decides to eliminate the Department of Education.
• B) The federal government implements a national value-added tax (VAT).
• C) The federal government passes a tax incentive for firms that employ returning war veterans.
• D) The federal government reduces the duration and amount of unemployment benefits.

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Definitions:

Financial Managers

Professionals responsible for the financial health of an organization, overseeing investment strategies, planning, and managing financial reports.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or within the business's normal operating cycle.

Payables Financing

A form of short-term borrowing where a company finances its accounts payables through a third party.

Prompt Payment Discount

A discount offered to buyers for paying their invoices early, encouraging faster payments.