The Economic Impact of a Change in Spending, Working Through

question 90

Multiple Choice

The economic impact of a change in spending, working through the multiplier, takes effect

• A)immediately.
• B)very quickly, with a small number of rounds of spending.
• C)after a very long period of time.
• D)after multiple rounds of spending occur.

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Definitions:

Speedier Development

The practice of accelerating the creation and implementation process of projects or products to reduce time to market.

House of Quality

A matrix used in quality function deployment that visually relates customer desires to the means of achieving those desires, highlighting the relationships between customer requirements and product capabilities.

Medium Relationship

A term not commonly used in a specific academic or professional context, thus considered NO.

Value Assigned

The specific importance, worth, or usefulness attributed to something based on various criteria or standards.