Many Economists Would Argue That, If the Government Is to Run

question 18

Multiple Choice

Many economists would argue that, if the government is to run an expansionary fiscal policy, spending should focus on:

• A) consumption goods.
• B) imports.
• C) infrastructure.
• D) competition.

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Definitions:

Utilitarian View

A perspective in ethics focusing on the outcomes of actions, suggesting that actions are right if they benefit the majority or lead to the greatest overall happiness.

Treating People

The manner in which individuals are dealt with or managed in personal, social, or professional contexts, often reflecting attitudes towards respect, dignity, and fairness.

Guiding Rules

Principles or directives that influence decision-making and behavior within an organization.

Variation in Values

Refers to the differences in beliefs, priorities, or principles among individuals or groups within a society or organization.