When the Economy Is Operating Well Below Capacity,an Increase in Spending

question 107

Multiple Choice

When the economy is operating well below capacity,an increase in spending tends to be reflected primarily in a(n) :

• A) lower level of employment.
• B) increase in price.
• C) lower level of output.
• D) higher level of output and employment.
• E) increase in business failures.

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Definitions:

English-Only Policy

A rule or regulation within an organization requiring the exclusive use of the English language for communication.

Social Norm

Expected standards of conduct within a society or group, which guide behavior of its members.

Personal Information

Data about an individual that identifies them or can be used to identify them, such as name, address, or phone number.

Meeting Success

Achieving the desired outcomes or goals set for a particular gathering or conference.