One Drawback in Using Fiscal Policy as a Stabilization Tool

question 28

Multiple Choice

One drawback in using fiscal policy as a stabilization tool is that fiscal policy:

• A)affects potential output as well as planned aggregate expenditure.
• B)effects are frequently offset by automatic stabilizers.
• C)is too flexible to use to close output gaps.
• D)is not useful for dealing with prolonged episodes of recession.

Understand the relationship between leadership style and the tolerance for ambiguity.

Grasp the implications of leadership on organizational and team effectiveness.

Acknowledge the importance of personal characteristics, such as locus of control, in leadership effectiveness.

Identify the expected outcomes from different leadership approaches under various organizational circumstances.

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Definitions:

Parents' Permission

The approval or consent given by a parent or guardian allowing their child to engage in certain activities or decisions.

Machismo

A concept of masculinity that stresses attributes such as dominance, assertiveness, pride, and sexual prowess.

Sexual Prowess

An individual's skill or expertise in matters of sexual activity and intimacy.

Assertiveness

The quality of being self-assured and confident without being aggressive.