Which of the Following Tends to Make the Size of a Shift

question 62

Multiple Choice

Which of the following tends to make the size of a shift in aggregate demand resulting from a tax cut smaller than it otherwise would be?

• A)the multiplier effect
• B)the crowding-out effect
• C)the accelerator effect
• D)None of the above is correct.

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Definitions:

Legitimate Power

A form of authority that derives from an individual's role or position within an organizational hierarchy, giving them the right to make decisions, command, or influence others.

Concern For Task

The focus and prioritization on completing tasks and achieving goals efficiently and effectively within an organization or project.

Concern For People

An approach or attitude within management focusing on the well-being, development, and engagement of employees in the workplace.

Work Standards

Are benchmarks or criteria established to measure the quality and performance of work tasks or processes.