The Idea That the Government Can Stimulate a Slow Economy

question 37

Multiple Choice

The idea that the government can stimulate a slow economy by increasing public spending or cutting taxes is called

• A)laissez-faire economics.
• B)Keynesianism.
• C)social democracy.
• D)monetarism.

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Definitions:

Diversity

The practice of including or involving people from a range of different social and ethnic backgrounds, including different genders, races, and sexual orientations.

Visible Minorities

Refers to groups of people who are not in the majority race or ethnicity in a specific community or country and are recognized based on their distinct physical characteristics.

Inclusion Programs

Initiatives designed to ensure diverse groups are represented, welcomed, and valued within an organization.

Economic Slowdown

A period of reduced economic activity, often marked by decreased GDP growth, higher unemployment, and lower consumer spending.