Assume That the Economy Is in a Recession and Has

question 13

Multiple Choice

Assume that the economy is in a recession and has a balanced budget.If the government increases its spending to reduce unemployment,what will happen to GDP and the government's budget?

• A)GDP will rise and the budget will be in a deficit.
• B)GDP will fall and the budget will be in a deficit.
• C)GDP will rise and the budget will be in a surplus.
• D)GDP will fall and the budget will be in a surplus.

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Definitions:

Strategic Alignment

The process of aligning an organization's resources and actions with its strategic objectives to achieve long-term goals.

Target Forecasting

The process of estimating future sales, revenue, or other quantitative metrics based on historical data, market trends, and business analysis.

Replacement Selection

The process of identifying and selecting a candidate to replace an existing employee within an organization.

Mission Statement

A brief description of an organization's fundamental purpose and guiding principles, intended to inform its strategic vision and direction.