The Action of Creating Incentives to Increase Productivity Which Causes

question 13

Multiple Choice

The action of creating incentives to increase productivity which causes the aggregate supply curve to shift outward is referred to as

• A)policy irrelevance proposition.
• B)supply-side economics.
• C)expansionary policy.
• D)contractionary policy.

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Definitions:

Negotiability

The quality of a financial instrument that allows it to be transferred or assigned from one party to another in a way that the rights accompanying the instrument are also transferred.

Revised Article 3

The updated section of the Uniform Commercial Code that delineates rules and procedures for negotiable instruments.

Particular Fund Doctrine

The principle that a creditor can only lay claim to specific funds or assets of a debtor rather than the debtor's general assets.

90-Day Note

A financial instrument promising payment of a specific sum to the holder 90 days after issuance.