Which of the Following Can Be Concluded About the Long-Run

question 136

Multiple Choice

Which of the following can be concluded about the long-run performance of the U.S.economy?

• A)It has been able to create employment opportunities but only at the cost of high inflation.
• B)It has failed to generate sufficient aggregate demand in the economy.
• C)It has been one of the most productive economies in the world in terms of growth in real GDP.
• D)It has focused fiscal policies mostly at improving aggregate supply.
• E)It has suffered from huge fiscal deficits that dampened economic growth.

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Definitions:

Socialized Power Orientation

A leadership approach focused on using power for the benefit of others rather than for personal gain.

Exploit

To make use of a resource, situation, or piece of information to gain an advantage or achieve a goal.

Ethical Dilemmas

Situations in which a person must choose between competing moral principles or values, often leading to ethical reflection and decision-making.

Risky Strategy

A plan of action that involves a high degree of uncertainty and potential for negative outcomes, often with the possibility of significant rewards.