If the Economy Has Automatic Stabilizers Built In, the Multiplier

question 77

Multiple Choice

If the economy has automatic stabilizers built in, the multiplier will

• A) be smaller than it would have been in the absence of automatic stabilizers.
• B) be larger than it would have been in the absence of automatic stabilizers.
• C) be zero.
• D) be infinitely larger than it would have been in the absence of automatic stabilizers.

Explain how technology, like EDI and extranets, enhances SCM productivity and security.

Understand the impact of supply chain strategies on product distribution and assembly activities.

Appreciate the role of innovation and responsiveness in the success of supply chain models, exemplified by companies like Zara and Amazon.

Understand business strategies related to supply chain and inventory management (e.g., vertical integration, JIT).

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Definitions:

Vesicles

Small membrane-bound sacs in cells used for the transport, storage, and digestion of substances.

Electron Microscope

A type of microscope that uses a beam of electrons to create an image of the specimen with much higher resolution than a light microscope.

Selectively Permeable Membrane

A membrane that allows certain molecules or ions to pass through it by diffusion and occasionally specialized processes, crucial in maintaining the cell environment.

Osmosis

The movement of water molecules through a selectively permeable membrane from a region of lower solute concentration to one of higher concentration.