Tactics That Are Used to Make Decisions Quickly While Maintaining

question 2

Multiple Choice

Tactics that are used to make decisions quickly while maintaining the high quality of such decisions include

• A) Taking a realistic view of the conflict.
• B) Involving people in the decision who are experts and can be trusted.
• C) Focusing on real-time information.
• D) Involving people more effectively and efficiently.
• E) Doing all of these.

---

Definitions:

Automatic Stabilizer

Economic policies and programs, such as unemployment benefits and taxation, that automatically adjust to counteract economic fluctuations without direct intervention by policymakers.

Crowding-out

A situation where increased public sector spending leads to a reduction in private sector spending.

Accelerator Effect

Refers to the phenomenon where an increase in national income results in a proportionally larger increase in investment spending due to expected higher demand for products.

Aggregate Demand

The sum of all demands for products and services in an economy, set at a particular price level and time period.