Which of the Following Is True

question 385

Multiple Choice

Which of the following is true?

• A) The Great Depression re-enforces the view that raising taxes in the midst of a severe recession is a bad idea.
• B) The Great Depression clearly indicates that a prolonged period of monetary contraction will keep inflation low and promote monetary stability.
• C) The Great Depression illustrates that trade restrictions will protect domestic industry and save jobs.
• D) The Great Depression demonstrates that the political incentive structure during a severe downturn will encourage politicians to avoid frequent policy changes.

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Definitions:

Seeking New Markets

The strategy of exploring and entering new geographic or demographic areas to expand business operations and customer base.

Workforce Planning

A strategic approach to forecasting the current and future workforce needs of an organization to achieve its goals.

Human Capital

The total capabilities, knowledge, and non-material assets belonging to individuals that have the capability to produce monetary value for the people themselves, their employers, or their surrounding community.

External Demand

The desire or need for products or services that comes from outside an organization, influencing production levels, marketing strategies, and business growth.