Fuzzy Logic Handles _______________ Concepts

question 33

Multiple Choice

Fuzzy logic handles _______________ concepts.

• A)Black-and-white
• B)Objective
• C)Subjective
• D)Well-defined

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Definitions:

Net National Savings Rate

A measure of the total savings of an economy after taking into account depreciation, expressed as a percentage of Gross National Product (GNP).

Industrial Nations

Countries that are highly developed and have a major portion of their economy based on manufacturing and industry.

Labor Productivity

A measure of economic performance that compares the amount of goods and services produced (output) with the number of hours worked to produce those goods and services.

Economies Of Scale

Cost advantages that enterprises obtain due to their scale of operation, resulting in decreased costs per unit.