A Well-Designed Goal Should Be _________ but _____________

question 36

Multiple Choice

A well-designed goal should be _________ but _____________.

• A) communicated; not written down
• B) measurable; not quantifiable
• C) written in terms of actions; not outcomes
• D) challenging; attainable
• E) quantifiable; have a flexible time frame

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Definitions:

Changes in Q

Refers to variations in quantity, which can apply to different contexts such as quantity demanded or supplied in economics.

Changes in M

Refers to variations in the money supply in an economy, which can influence interest rates, inflation, and economic growth.

Classical Macroeconomic Model

A theoretical framework in economics that emphasizes the role of free markets, flexible prices, and self-correcting mechanisms in the economy, largely based on the principles of classical economics.

Average Price Level

A measure that summarizes the prices of various goods and services in an economy at a specific time.