Which of the Following Will Expand Demand, Particularly for Industrial

question 81

Multiple Choice

Which of the following will expand demand, particularly for industrial goods and business services, in Latin America?

• A) A sharp increase in government spending.
• B) The creation of centrally-planned economies.
• C) The privatization of state-owned enterprises.
• D) The increasing use of labor in place of capital in production.
• E) An increase in the number of government regulation.

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Definitions:

Procedural Justice

The fairness of the processes used to make decisions, often focused on in organizational settings to ensure fairness in managerial actions.

Psychological Contract

An unwritten agreement between an employer and an employee that outlines mutual expectations, including job security, loyalty, and commitment.

Need Salience

The degree to which a particular need is perceived as important or relevant by an individual at a given time.

Hierarchy Of Needs

A psychological theory proposed by Abraham Maslow, outlining a sequence of human needs from basic survival to achieving one's full potential.