Suppose There Are Two Policy Options Facing a Vote in the Senate

question 208

Multiple Choice

Suppose there are two policy options facing a vote in the Senate. In the first, government spending will increase $100 billion, while the second option is to cut taxes by $100 billion. A Keynesian economist would argue for

• A) the tax option because it also affects the incentives workers face. Long-run aggregate supply will increase with the tax cut, but not with the spending increase.
• B) the tax option because it is easier to pass. The effects on total spending would be identical.
• C) the spending option because it won't affect the deficit the way the tax cut would.
• D) the spending option because it has a bigger impact on total spending. The spending directly raises total spending plus it works through the multiplier, while the tax cut only works through the multiplier.

Recognize and respond promptly to signs of transfusion reactions.

Understand the purpose and components involved in transfusion therapy.

Describe preadministration assessment and interventions for blood transfusions.

Identify the storage and handling procedures for blood products.

---

Definitions:

Convertible Bonds

Bonds issued by a corporation that can be converted into a predetermined number of shares of the company's stock at the discretion of the bondholder, usually at certain times during their life.

Stock Options

Contracts that give the holder the right, but not the obligation, to buy or sell a specified amount of stock at a predetermined price within a set time period.

Convertible Preferred Stock

A type of preferred stock that offers the holder the option to convert their shares into a predetermined number of common stock shares, usually after a specific date.

Treasury Stock

Shares that were issued and then reacquired by the issuing company, reducing the amount of outstanding stock.