Investigate the Possible Outcome of Sequestration Had It Taken Place

question 72

Multiple Choice

Investigate the possible outcome of sequestration had it taken place in 2013.

• A)Spending cuts would have pulled from social welfare programs, allowing Republicans to reform entitlements.
• B)The defense budget would have taken a major hit, as increased spending and decreased taxes led the government to seek investments elsewhere.
• C)New tax hikes would have taken money from the ultra-rich and redistributed it among the working class.
• D)The sudden tax increases and simultaneous spending cuts would likely have produced a "double-dip" recession just as the U.S. was coming out of the first.

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In technology, often refers to the third iteration or version of a product or system, showing advancement and improvements over previous generations.

Business Success

The achievement of desired financial and non-financial objectives in a business venture, often measured by growth, profit, and market share.

Business Finances

The management of a company's money, including budgeting, investing, and financial reporting.

Family Business Feud

What occurs when family members have major disagreements over how the business should be run.