The Degree to Which a Good or Service Meets the Demands

question 90

Multiple Choice

The degree to which a good or service meets the demands and requirements of customers is called

• A) efficiency.
• B) productivity.
• C) quality.
• D) effectiveness.
• E) customer satisfaction.

---

Definitions:

Universal Basic Income

is a social welfare program where a government provides its citizens with a regular, unconditional sum of money, regardless of employment status or income.

Incentives To Work

Factors or motivations that encourage individuals to participate in the workforce, including wages, benefits, and working conditions.

Business Cycle

Recurring increases and decreases in the level of economic activity over periods of years; consists of peak, recession, trough, and expansion phases.

Gender Discrimination

Inequitable treatment or barriers faced by people based on their gender.