Examlex
The following are key terms in Chapter 12 that relate to budgeting of government services:
A.Efficiency measures
B.Effectiveness measures
C.Planning-programming-budgeting system
D.Zero-based budgeting
E.Program budgeting
F.Flexible budgeting
G.Incremental budgeting
H.Budget calendar
For each of the following definitions,indicate the key term from the list above that best matches by placing the appropriate letter in the blank space next to the definition
Prices Doubled
A situation where the cost of goods, services, or commodities increases to twice their original amount.
Relative Prices
The price of one good or service compared to another, usually considered in terms of opportunity cost.
Price Of X
The amount of money required to purchase a unit of product X in a market.
Entire Income
This term does not correspond to a specific economic concept; it might refer to total earnings or revenue of an individual or entity, but more context is needed for a precise definition. NO.
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