During the Great Depression,what Appeared to Be ________ Fiscal Policy

question 59

Multiple Choice

During the Great Depression,what appeared to be ________ fiscal policy was actually not when the ________ budget deficit or surplus is examined.

• A)expansionary; actual
• B)expansionary; cyclically adjusted
• C)contractionary; actual
• D)contractionary; cyclically adjusted

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Definitions:

Management Rights

Rights that provide management with the freedom to operate the business subject to any terms in the collective agreement.

Reassign Employees

The process of moving employees from their current job roles to different positions within the organization, often to improve efficiency or meet changing business needs.

Ratified Union Contracts

Ratified union contracts are agreements that have been formally approved by both the union members and the management, outlining conditions of employment, wages, and benefits.

Collective Agreement

A labour contract that addresses a variety of issues, such as wages and benefits, hours of work, working conditions, grievance procedures, safety standards, probationary periods, and work assignments; usually negotiated between the local union’s bargaining committee and the human resource or industrial relations department.