Examlex
Which of the following fiscal policy actions would definitely cause an increase in the size of a recessionary gap?
Specific Performance
A legal remedy requiring a party to perform their contractual obligations when monetary damages are inadequate.
Breach of Contract
The failure by a party to fulfill any of its contractual obligations, thereby violating the agreement.
Injunctive Relief
A court order requiring a party to do or refrain from doing specific acts, used to prevent harm or to preserve the status quo.
Breach the Contract
Occurs when one party fails to fulfill their duties as specified in the contract, leading to a violation of the agreement.
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