The National Debt, Which Is the Accumulation of All of the Deficits

question 7

Multiple Choice

The national debt, which is the accumulation of all of the deficits the nation has run, was nearly ______ in December 2016.

• A) 10 million
• B) 20 billion
• C) 20 trillion
• D) 30 trillion

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Definitions:

Behavioral Approach

A perspective in management and psychology focusing on the effects of individual and group behavior on organizational performance and efficiency.

Systems Approach

A method of problem solving or analysis that views problems as parts of an overall system, rather than focusing on individual components.

Scientific Management

A theory and practice of management that analyzes and synthesizes workflows, aiming to improve economic efficiency and labor productivity.

Frederick W. Taylor

A mechanical engineer from America who aimed to enhance productivity in the industrial sector and is recognized as the progenitor of scientific management.