Which of the Following Would Occur as Part of the Automatic

question 146

Multiple Choice

Which of the following would occur as part of the automatic adjustment process in an economy with a recessionary gap?

• A)rising prices
• B)decreasing investment
• C)increasing government purchases
• D)falling tax rates
• E)decreasing wages

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Definitions:

Adaptive Organisation

An organization capable of adjusting its strategies, structures, and processes in response to changing internal and external environments to remain viable and competitive.

High-quality Goods

Products that meet or exceed customer expectations in terms of performance, durability, and reliability, often as a result of superior materials, craftsmanship, and quality control processes.

Strategic Management Process

The Strategic Management Process is a continuous cycle of planning, monitoring, analysis, and assessment of all that is necessary for an organization to meet its goals and objectives.