Which of the Following Is NOT an Explicit Short-Run Goal

question 22

Multiple Choice

Which of the following is NOT an explicit short-run goal of discretionary fiscal policy?

• A) full employment
• B) economic growth
• C) control of inflation
• D) zero unemployment

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Definitions:

Accelerated Depreciation

A depreciation method that allows faster write-off of assets in the initial years of asset life.

Accumulated Depreciation

The total depreciation for a fixed asset that has been charged to expense since the asset was acquired and put into use.

Fixed Asset

Long-term tangible assets used in the operations of a business that are not expected to be converted to cash in the short term.

Book Value

The net value of an asset or company, calculated by subtracting liabilities from assets and often used to assess the worth of tangible assets on balance sheets.