Actual Federal Budgets Are Not an Accurate Measure of Discretionary

question 22

Multiple Choice

Actual federal budgets are not an accurate measure of discretionary fiscal policy because

• A)it is difficult to measure government spending accurately
• B)people cheat on their income taxes
• C)even without changes in fiscal policy,budget deficits increase during expansions
• D)even without changes in fiscal policy,budget deficits increase during recessions
• E)earlier administrations may have contributed to current budget deficits

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Definitions:

Cross-cultural Adjustment

The process individuals undergo to adapt to new cultural environments, important in the context of international assignments and global business.

Cultural Knowledge

Cultural knowledge refers to an understanding of the customs, beliefs, and practices of different societies and communities.

Integrative IHRM Approach

A holistic method in international human resource management that combines practices and policies from both the parent company and its international subsidiaries.

Home HR Practices

Human resource management techniques and policies that are applied within the organization's home country, possibly adapted for international operations.