If Policy Makers Wanted to Use Both Monetary and Fiscal

question 57

Multiple Choice

If policy makers wanted to use both monetary and fiscal policy to help reduce a high rate of inflation,which of the following would be most appropriate?

• A)a larger budget deficit, the purchase of securities in the open market by the Bank of Canada, and a higher bank rate
• B)a government budget surplus, the purchase of securities in the open market by the Bank of Canada, and a lower bank rate
• C)a larger government budget deficit, the sale of securities in the open market by the Bank of Canada, and a lower bank rate
• D)a government budget surplus, the sale of securities in the open market by the Bank of Canada, and a higher bank rate

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Definitions:

Marketing Mix

The combination of factors that can be controlled by a company to influence consumers to purchase its products, often identified as product, price, place, and promotion.

Global Marketing

The process of planning and conducting transactions across national borders to create exchanges that satisfy the objectives of individuals and organizations on a global scale.

Marketing Concept

A business philosophy suggesting that satisfying customer needs and wants is the key to achieving organizational goals.

Sales Orientation

A business approach focused on selling as many products as possible without necessarily considering customer needs and wants.