The Policy Design Tools That Rely on the Premise That

question 25

Multiple Choice

The policy design tools that rely on the premise that most people will behave because they have been told to do so are known as ______.

• A) learning tools
• B) capacity-building tools
• C) hortatory tools
• D) authority tools

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Definitions:

Prosperity Phase

A period in the business cycle characterized by economic growth, high employment, and rising incomes.

Three-Phase Cycle

A conceptual model describing the three stages of economic cycles: expansion, peak, and recession.

OPEC

The Organization of the Petroleum Exporting Countries, an intergovernmental organization of oil-exporting countries that coordinates and unifies petroleum policies among Member Countries.

Quadrupled

To increase or be increased fourfold.