Economic Growth Is Often Associated with Structural Change in the Economy,and

question 48

Multiple Choice

Economic growth is often associated with structural change in the economy,and this change can present difficult policy challenges to governments.Which of the following government policies would be most useful at addressing the social costs of economic growth?

• A)expansionary monetary policy
• B)the imposition of trade restrictions to protect Canadian jobs
• C)subsidies directed at Canadian manufacturing firms
• D)worker re-training and education programs
• E)reducing income taxes

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Definitions:

Supplier

An individual or company that provides goods or services to another company, often a crucial part of a supply chain.

Supplier Network

A system of organizations, people, activities, information, and resources involved in supplying a product or service to a consumer.

Supply Chain Customer Service

Support and services provided to the end-user focusing on efficient and effective supply chain management.

Logistics Cost

Expenses related to the process of planning, implementing, and controlling the efficient movement and storage of goods, services, and related information.