Examlex
In the context of the roles in the decision support system (DSS) environment, which of the following questions does a managerial designer address?
Say's Law
An economic principle that asserts that supply creates its own demand, meaning that production of goods and services creates an equal amount of demand for those goods and services.
Classical Economics
Laissez-faire economics. Our economy, if left free from government interference, tends toward full employment. The prevalent school of economics from about 1800 to 1930.
Fiscal Policy
Manipulation of the federal budget to attain price stability, relatively full employment, and a satisfactory rate of economic growth.
Recessions
Periods of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.
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