In an Employment Interview,which of the Following Would Be the Best

question 148

Multiple Choice

In an employment interview,which of the following would be the best answer to the question,"What is your greatest weakness?"

• A) "I eat too much chocolate."
• B) "I hate to sound so sure of myself, but I've been a receptionist for so many years that I don't think I have any weaknesses as far as this job goes."
• C) "I had some troubles in my last job, but they were all caused by my boss, who was such a micro-manager."
• D) "Sometimes I tend to be too much of a perfectionist, so I'm hesitant to let my subordinates work without close supervision. But I know it's important to let them have autonomy, so I'm learning to give them more chances to work independently."

Understand the historical context and arguments concerning tax policy debates.

Analyze the equity and efficiency implications of various tax proposals.

Understand the definition and implications of tax incidence.

Recognize the principles of taxation and their application in policy justification.

---

Definitions:

Disinflation

A slowdown in the rate of increase of the general price level of goods and services over time.

Structural Unemployment

A situation in which there is a mismatch between the skills of unemployed workers and the skills needed for available jobs.

Cyclical Unemployment

This type of unemployment fluctuates with the business cycle, increasing during economic downturns and decreasing during periods of economic growth.

Frictional Unemployment

Short-term unemployment that arises from the process of matching workers with jobs and occurs even in healthy economies.