Which of the Following Best Illustrates the Use of Discretionary

question 28

Multiple Choice

Which of the following best illustrates the use of discretionary fiscal policy?

• A)Congress provides $1 billion in relief aid for hurricane victims.
• B)Congress appropriates $500 million to help the needy,and the appropriation is financed by a tax on wealth.
• C)Income tax receipts are smaller because of a decline in real GDP during a recession.
• D)The Federal Reserve tightens credit when it receives news of accelerating inflation.
• E)Congress passes a bill authorizing $2 billion in additional spending when it receives news of a deepening recession.

Recognize the differences between various leadership styles and their implications.

Identify the concept of managing up and its significance in organizational success.

Understand the concept of position power and how it affects leadership and team dynamics.

Comprehend the criteria for selecting an appropriate leadership style based on various factors.

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Definitions:

Plane Crashes

Tragic accidents involving the failure and crash of an aircraft.

Cognitive Dissonance

A mental discomfort experienced by a person who holds two or more contradictory beliefs, ideas, or values at the same time, leading to an alteration in one of the attitudes, beliefs, or behaviors to reduce the discomfort and restore balance.

Doomsday Group

A collective or organization that predicts or prepares for a catastrophic end of the world.

Formal Reasoning

The cognitive process of thinking logically and systematically about abstract concepts and problems, often associated with the ability to perform operations in a formal operational stage of development.