Expansionary Fiscal Policy Can Be Used to Reduce Unemployment by

question 93

Multiple Choice

Expansionary fiscal policy can be used to reduce unemployment by

• A)increasing long-run aggregate supply so as to raise real GDP.
• B)increasing aggregate demand so as to raise real GDP.
• C)reducing nominal wages so as to encourage firms to hire more workers.
• D)eliminating inefficiencies from labor markets.

---

Definitions:

Negligence Per Se

A doctrine that allows a judge or jury to infer duty and breach of duty from the fact that a defendant violated a criminal statute that was designed to prevent the type of harm that the plaintiff incurred.

Modified Comparative Negligence

A defense accepted in some states whereby the defendant is not liable for the percentage of harm that he or she can prove is due to the plaintiff’s own negligence if the plaintiff’s negligence is responsible for less than 50 percent of the harm; if the defendant establishes that the plaintiff’s negligence caused more than 50 percent of the harm, the defendant has no liability.

Intentional Interference

Deliberate actions taken to disrupt or harm another party's contractual or business relationships.

Contract

An agreement between two or more parties creating enforceable obligations recognized by law.