The Enacted Gramm-Rudman-Hollings Act Would Tend to Have an

question 32

Multiple Choice

The enacted Gramm-Rudman-Hollings Act would tend to have an

• A) automatic stabilizing impact upon the economy.
• B) automatic destabilizing impact upon the economy.
• C) overall neutral impact upon the economy.
• D) overall positive impact upon the economy during any stage of a business cycle.

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Definitions:

Technology

Inventions or innovations from applied science or engineering research.

Applied Science

The discipline of applying existing scientific knowledge to develop more practical applications, such as technology or inventions.

Engineering Research

The systematic inquiry aimed at discovering new knowledge or applying existing knowledge in a new way, particularly in the field of engineering.

Internet of Things

The network of physical objects embedded with sensors, software, and other technologies for the purpose of connecting and exchanging data with other devices and systems over the internet.