The Idea of Policymaking Being Undertaken as a Response to a Change

question 247

Multiple Choice

The idea of policymaking being undertaken as a response to a change in the economy is referred to as

• A) active policymaking.
• B) non-discretionary policymaking.
• C) passive policymaking.
• D) Keynesianism.

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Definitions:

Production Manager

A professional responsible for overseeing the production process within a manufacturing facility, ensuring that goods are produced efficiently, safely, and meet quality standards.

Responsibility Centre

A unit within an organization, such as a department or division, whose manager is accountable for specific financial and operational outcomes.

Controllable

Refers to costs or factors within a business that can be managed or influenced by decisions made by the company.

Uncontrollable

A term referring to factors or costs that cannot be directly controlled or influenced by decisions in the short term.