MATCHING. Choose the Item That Best Match the Following

question 28

Multiple Choice

MATCHING.
Choose the item that best Match the following:
-Acceptance sensory test

• A)identifies whether consumers like a food product
• B)determines differences among food products
• C)provides information about sensory characteristics such as taste and texture

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Definitions:

Higher Inflation

An economic condition characterized by a significant and rapid increase in the general price level of goods and services in an economy over a period of time.

Tax Cuts

Reductions in the amount of taxes imposed by the government on individuals or businesses.

Aggregate Supply

The total supply of goods and services that firms in an economy plan on selling during a specific time period.

Fiscal Programs

Government initiatives that involve expenditure and taxation decisions to influence the national economy.