In Addition to Identifying and Dealing with Defective Products Before

question 9

Multiple Choice

In addition to identifying and dealing with defective products before they reach customers,quality management is concerned with initiating process changes that will reduce the number of defective units produced.All other things held constant,a decrease in the number of defective units will increase throughput by

• A)increasing productive capacity.
• B)increasing productive processing time.
• C)increasing yield.
• D)increasing all components of throughput.

Discuss the concept of money as a veil in classical economics and its implications for economic analysis.

Analyze how perceived changes in wealth affect aggregate demand.

Understand the concept of monetary neutrality and its exceptions in the short term as observed by classical economists.

Explain the effects of investment tax credits on aggregate demand.