Fiscal Austerity Is _____ Fiscal Policy, Such as _____ in Government

question 26

Multiple Choice

Fiscal austerity is _____ fiscal policy, such as _____ in government spending and tax _____ designed to _____ unemployment and _____.

• A)expansionary; increases; cuts; reduce; increase output
• B)expansionary; increases; cuts; increase; decrease output
• C)contractionary; decreases; increases; ignore; reduce budget deficits
• D)contractionary; decreases; increases; ignore; increase budget deficits

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Definitions:

Settlement

refers to the agreement reached by disputing parties outside of court to resolve a lawsuit, often involving the payment of compensation or undertaking specific actions.

Warranties

Promises or guarantees made by a seller regarding the condition or functionality of a product or service.

Payor Bank

The bank that is responsible for paying the draft or check written by a depositor.

Uncertified Check

A check that has not been verified or guaranteed by the bank upon which it is drawn.