The Main Effect of the NPR, the GPRA and the PART

question 5

Multiple Choice

The main effect of the NPR, the GPRA and the PART was to get federal agencies to

• A) collect more information.
• B) reduce costs.
• C) refrain from discretionary spending.
• D) respond to critics.
• E) employ nongovernment workers.

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Definitions:

Hedge Fund Investors

Individuals or institutions that invest in hedge funds, which are pooled investment funds that employ different strategies to earn active return, or alpha, for their investors.

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Highly developed, complex, or advanced, often used to describe investors or financial markets with substantial experience and knowledge.

Wealthy Investors

Individuals with a significant amount of capital available for investing in various financial instruments.

Terminal Value

An estimate of a project's or company's value at the end of a forecast period, projecting into perpetuity.