Fiscal Policy Is Likely to Fail to Correct Stagflation in an Economy

question 86

Multiple Choice

Fiscal policy is likely to fail to correct stagflation in an economy because:

• A)it affects both aggregate demand and supply,although only aggregate supply needs to be changed.
• B)it affects both the aggregate demand and supply,although only aggregate demand needs to be changed.
• C)it affects aggregate demand only,although aggregate supply needs to changed.
• D)it affects aggregate supply only,although only aggregate demand needs to be changed.
• E)it affects either aggregate demand or aggregate supply,although both need to be changed simultaneously.

Appreciate the importance of quality in products and services and the impact of six sigma on customer satisfaction.

Understand productivity measurement methods and the productivity ratio.

Recognize scheduling methods and their application in production planning.

Understand the distinctions between service-related and manufacturing businesses in terms of productivity and capital intensity.

---

Definitions:

Host Cell

A cell that a virus or another parasite invades and in which it might replicate or live.

DNA Replication

DNA Replication is the biological process of producing two identical replicas of DNA from one original DNA molecule, essential for cell division.

Bacterial Colony

A visible mass of microorganisms all originating from a single mother cell, growing together on a solid medium.

Recombinant Plasmid

A circular DNA molecule engineered to carry specific gene sequences, used in genetic engineering to clone or express particular genes.