Activists of the Policies Believe That

question 53

Multiple Choice

Activists of the policies believe that

• A)the self-correcting mechanism through wage and price adjustment is very slow.
• B)wages and prices are sticky.
• C)the government needs to pursue active policy to eliminate high unemployment when it develops.
• D)all of the above.

---

Definitions:

Book Value

The net value of a company's assets minus its liabilities, as recorded on the balance sheet, often compared to its market value.

CCA Depreciation

CCA Depreciation, or Capital Cost Allowance depreciation, is a method of depreciation used for tax purposes in Canada, allowing businesses to deduct the cost of capital assets over a period of time.

Straight-Line Depreciation

A plan for parceling out the expense of a physical asset throughout its active life in uniform yearly amounts.

Cost-Cutting

The process of reducing operating expenses within a business to improve profitability.