Automatic Stabilizers Create ________ During Recessions from Increased Government Spending

question 15

Multiple Choice

Automatic stabilizers create ________ during recessions from increased government spending on welfare and unemployment insurance, and reduced tax revenues, and create _________ during peak growth periods of the economy from reduced government welfare spending and increased tax revenues.

• A) fiscal stimulus, fiscal contraction
• B) fiscal stimulus, fiscal stimulus
• C) fiscal contraction, fiscal stimulus
• D) fiscal contraction, fiscal contraction

Identify the advantages and disadvantages of internal and external recruiting methods.

Recognize the role of training and development programs in organizational settings.

Describe common training methods and their implementation in the workplace.

Understand the importance of matching personality traits with job requirements.

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Definitions:

Open Forums

Public places or services where people can express and exchange ideas freely, often subject to government protection in terms of free speech rights.

Political Appointee

A person appointed to a governmental position by a political leader, often based on their allegiance or qualifications.

Merit System Appointee

A person appointed to a position based on their abilities and qualifications rather than political affiliations or other non-merit factors.

Civil Service Employee

An individual who works for a government agency or department, often under a merit-based system as opposed to being appointed or elected.