"Politics Is Too Often the Thing That Gets in the Way

question 98

Multiple Choice

"Politics is too often the thing that gets in the way of good economic policy being implemented." The economist who said this most likely

• A) believes that fiscal policy is preferable to monetary policy when it comes to stabilizing the economy.
• B) prefers discretionary monetary policy to rule-based monetary policy.
• C) believes that there will be a lot of crowding out if government spending is increased.
• D) prefers rule-based monetary policy to discretionary monetary policy.

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Definitions:

Realistic Job Preview

An accurate presentation of the duties, responsibilities, and expectations of a job to prospective employees, designed to help them make informed decisions about their suitability.

Employment Interview

A formal, in-depth, face-to-face meeting—or, more recently, a phone or video conference—between an employer and a job applicant to assess the appropriateness of the applicant for the job under consideration.

Selection Procedures

Methods and processes used to choose the most suitable candidates for jobs based on criteria such as skills, experience, and personality.

Organizational Factors

Elements that impact how an organization operates, such as its structure, culture, and management practices.