The Effect of Continued Government Deficit Includes All of the Following

question 124

Multiple Choice

The effect of continued government deficit includes all of the following, EXCEPT a(n) :

• A) decrease in reserves.
• B) increase in interest rates.
• C) decrease in inflation.
• D) rapid increase in domestic credit.

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Definitions:

Union-Shop Clause

A provision in a collective bargaining agreement that requires employees to join the union within a certain timeframe after being hired.

Consecutive Terms

Successive time periods, such as in office or service, following one after the other without interruption.

Collective Agreement

A written contract negotiated between an employer and a union representing employees, outlining terms of employment, wages, and workplace policies.

Third-Party Mediation

Third-party mediation is a conflict resolution process where an impartial person helps disputing parties to come to an agreement or solution.