Which of the Following Is an Austerity Measure

question 48

Multiple Choice

Which of the following is an austerity measure?

• A)The United States lowered interest rates in response to the financial crisis.
• B)Brazil increased spending on health care for the poor.
• C)Mexico raised interest rates to 50 percent in 1994.
• D)Venezuela reduced the price of bus fares.

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Definitions:

Communications Competency

The ability to effectively convey, receive, and interpret messages through the process of interpersonal exchange.

Unappreciative Leaders

Managers or supervisory figures who fail to recognize or value the efforts and contributions of their team members.

Customer Needs

The requirements or desires that consumers seek to fulfill with a product or service, which can drive their purchasing decisions.

Organizational Culture

The shared values, beliefs, norms, and practices that shape the social and psychological environment of a business or organization, influencing its functioning and performance.