When a Carefully Done Evaluation Takes a Long Time to Complete

question 13

Multiple Choice

When a carefully done evaluation takes a long time to complete,

• A) stakeholders become more and more eager to get the results.
• B) some stakeholders may no longer be interested in the issue.
• C) it is probably best to refrain from giving progress reports because political forces will distort them.
• D) it is probably correct to conclude that it was done poorly.

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Definitions:

Temporary Tax Cut

A reduction in taxation rates or an increase in deductions that is implemented for a limited period of time to stimulate economic growth or provide relief during economic downturns.

Aggregate Demand

The holistic demand encompassing all goods and services in an economy, quantified at a set price level over a fixed time frame.

Permanent Income

The average annual income an individual expects to earn over their lifetime.

Fiscal Policy

A government's strategy for managing its budget, including taxation and spending decisions, to influence the economy.