Countercyclical Policies Are Associated with

question 21

Multiple Choice

Countercyclical policies are associated with

• A) classical theory.
• B) monetarist theory.
• C) supply-side theory.
• D) Keynesian theory.

---

Definitions:

Innovation

The process of translating an idea or invention into a good or service that creates value or for which customers will pay.

Secondary Functions

Activities or tasks within an organization that support the primary functions or mission of the business but are not directly involved in the core operational activities.

Strategic

Pertaining to the identification of long-term or overall aims and interests and the means of achieving them, often used in the context of planning and management.

Outsourced

Refers to having contracted a third-party organization to handle certain business functions or services outside the company.