A Fiscal Action That Is Triggered by the State of the Economy

question 9

Multiple Choice

A fiscal action that is triggered by the state of the economy is called

• A) monetarist policy.
• B) the tax wedge.
• C) automatic fiscal policy.
• D) the multiplier.

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Definitions:

Human Resource Management

The strategic approach to the effective management of people in a company or organization to help their business gain a competitive advantage.

Employee Selection

The process of evaluating and choosing individuals to fill job vacancies in an organization through various assessment methods.

Human Capital Perspective

A view that considers employees as assets whose value can be enhanced through investment in education, training, and development.

Productivity Resource

An asset, tool, or factor that can be utilized to enhance the efficiency or output of work processes.