Programs That Automatically Increase Government Spending (Relative to Revenue) During

question 54

Multiple Choice

Programs that automatically increase government spending (relative to revenue) during a recession and automatically decrease government spending (relative to revenue) during an economic boom are called:

• A) discretionary fiscal policy.
• B) supply-side programs.
• C) automatic stabilizers.
• D) tax credits.

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Definitions:

Accounts Receivable Policy

Guidelines a company follows to manage the collection of money owed from clients.

Credit Manager

A Credit Manager is a professional responsible for overseeing a company's credit policies, assessing creditworthiness, and managing credit lines.

Carrying Costs

The total cost of holding inventory, including storage, insurance, spoilage, and opportunity costs.

Shortage Costs

Costs incurred from not having enough inventory to meet demand, including lost sales and customer dissatisfaction.