If Severe Demand-Pull Inflation Was Occurring in the Economy,proper Government

question 183

Multiple Choice

If severe demand-pull inflation was occurring in the economy,proper government policies would involve a government:

• A) deficit,the purchase of securities in the open market,a higher discount rate,and higher reserve requirements.
• B) deficit,the sale of securities in the open market,a higher discount rate,and lower reserve requirements.
• C) surplus,the sale of securities in the open market,a higher discount rate,and higher reserve requirements.
• D) surplus,the purchase of securities in the open market,a lower discount rate,and lower reserve requirements.

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Definitions:

Beck Rights

The rights of union members to object to the portion of their union dues used for political activities unrelated to collective bargaining, named after the Supreme Court case Communication Workers of America v. Beck.

Union Contracts

Agreements negotiated between labor unions and employers that outline terms of employment, worker rights, and conditions, also known as collective bargaining agreements.

Peer Review Panel

A committee of experts evaluating the quality, relevance, or performance of work or research.

Managerial Control

The process by which an organization's management directs and coordinates activities to achieve its objectives and comply with company policies.