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In the aggregate expenditures model, if a $50 billion increase in investment leads to an increase in equilibrium real GDP of $250 billion at the initial price level, then the multiplier is 4.
International Quality Standards
Standards that define the criteria for organizations aiming to ensure products, services, and processes meet consistent levels of quality and are reliable worldwide.
Value Chain Analysis
A strategic analytical tool used to identify the primary and support activities of a business that add value to its products and services.
Continuous Analysis
A constant and ongoing process of evaluating data, performance, or systems to identify improvements or issues.
External Customer
Individuals or entities outside of an organization who use or purchase its products or services.
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