Which Is a Microeconomic Decision

question 127

Multiple Choice

Which is a microeconomic decision?

• A) A reduction in the HST intended to stimulate consumer spending.
• B) A decision by the Bank of Canada to allow the Canadian dollar to depreciate in response to world trade patterns.
• C) The Government of Canada lends Peru 7 billion dollars.
• D) A decision by the Conservative Party to reduce the role of government in the economy.
• E) A 10% tariff on imported wines to protect the Canadian wine-making industry.

---

Definitions:

MBO Programs

"Management by Objectives" programs, a strategic management model where employees and managers collaboratively set, track, and achieve specific objectives for better organization performance.

Management

The process of planning, organizing, leading, and controlling resources to achieve organizational goals efficiently and effectively.

Flex-Time

An alternative work schedule in which arrival and departure times are flexible.

MBO Programs

Management by Objectives (MBO) programs are systematic and organized approaches that aim to align employees' performance with the organization's goals by setting clear and measurable objectives.