________ Is a Decision Maker's Ability to Discover Original and Novel

question 45

Multiple Choice

________ is a decision maker's ability to discover original and novel ideas that lead to feasible alternative courses of action.

• A)Groupthink
• B)Dialectical inquiry
• C)Intuition
• D)Creativity
• E)The illusion of control

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Definitions:

Factors of Production

The inputs used in the production of goods or services in the process of creating economic value, including land, labor, capital, and entrepreneurship.

Goods and Services

The tangible and intangible items that satisfy human wants and needs, which are produced and consumed by individuals and businesses.

Consumption Expenditures

The total amount spent by households on goods and services for personal use.

Government Expenditures

The total amount spent by the government, including spending on goods, services, and public works, and transfer payments.