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Which of the Following Are Characteristics of an Expansionary Fiscal

question 22

Multiple Choice

Which of the following are characteristics of an expansionary fiscal policy?
I.Increased government spending on infrastructure projects.
II.Reduction in defense and education budgets.
III.Reduction in employment taxes.
IV.Reduction in government borrowing.


Definitions:

Human Capital

Human capital represents the knowledge, skills, competencies, and attributes embodied in individuals that facilitate the creation of personal, social, and economic well-being.

Triple Bottom Line

An accounting framework that incorporates three dimensions of performance: social, environmental, and financial.

Economic

Pertaining to the production, distribution, and consumption of goods and services, as well as the management of money and resources in a region or country.

Social

Relating to society or its organization, or pertaining to human interactions and relationships.

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