Use the Figure Below to Answer the Following Question(s)

question 40

Multiple Choice

Use the figure below to answer the following question(s) .
Figure 12-3

-Refer to Figure 12-3.If an economy is currently operating at Y₁,which of the following would a new classical economist be most likely to favor?

• A)higher taxes and reductions in expenditures in order to shift the budget toward a surplus
• B)lower taxes and increase in expenditures in order to shift the budget toward a deficit
• C)a balanced budget
• D)no government action and reliance on the self-corrective mechanism

---

Definitions:

Community-Based Strategy

An approach to marketing that focuses on building and engaging a brand's community, fostering relationships and loyalty among its members.

Brand Voice

The unique personality and tone of a brand as expressed through its messaging and communications, aligning with its values and target audience.

Personal Brand

The collection and strategic process of crafting and sustaining a specific image in hopes of establishing a clear advantage in the minds of collective audiences on- and offline.

Virtual Connections

Relationships or interactions that occur online through digital platforms, allowing people to communicate across vast distances.