The Term "Fiscal Policy" Refers to

question 138

Multiple Choice

The term "fiscal policy" refers to

• A)the amount of physical output produced by firms
• B)the means by which government policy makes firms more productive
• C)the avenue by which government influences credit markets
• D)spending and taxing by governments
• E)a tool of government that works in the opposite direction of monetary policy

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Definitions:

Management By Exception-Active

A management style where the manager actively seeks out deviations from the norm or problems in order to take corrective actions promptly.

Intellectual Stimulation

The aspect of leadership that involves promoting innovation and creativity among followers.

Contingent Reward

A leadership strategy where rewards are given based on the performance or achievement of specific criteria.

Kouzes And Posner

A framework of leadership proposed by James Kouzes and Barry Posner that emphasizes five fundamental practices leaders engage in to be effective: model the way, inspire a shared vision, challenge the process, enable others to act, and encourage the heart.