Which of the Following Statements About Emergency and Breakdown Maintenance

question 10

Multiple Choice

Which of the following statements about emergency and breakdown maintenance is true?

• A)An effective maintenance management system greatly reduces the need for emergency maintenance.
• B)Even the best ongoing maintenance possible will not eliminate all emergency maintenance needs.
• C)Emergency and breakdown maintenance tends to be quite costly.
• D)All of the above.

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Definitions:

Fiscal Policy

Government policies related to taxation and spending that are used to influence economic conditions.

Aggregate Demand

The all-encompassing desire for goods and services within an economic framework, set against a particular uniform price level over a given interval.

Government Purchases

Expenditures by the government sector for goods and services that it intends to consume or invest in as part of its economic activities.

Stabilize Output

Involves government or central bank interventions to minimize fluctuations in a country's economic production or GDP over the business cycle.