A Consultation Relationship Is Built on Expectations

question 24

Multiple Choice

A consultation relationship is built on expectations. Discussing the terms of a consultation contract makes expectations explicit, reduces the likelihood of violations of contract terms, and reduces the risk of additional demands being made on either party. Areas to include in a written contract include which of the following? Select all that apply.

• A) Number of students involved in the project
• B) Client and consultant goals
• C) Time commitments
• D) Intervention strategies suggested

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Definitions:

Potential Level

An economic term referring to the highest level of output an economy can sustain over a long period without increasing inflation.

Actual Output

The total value of goods and services produced by an economy at a given period, also known as real GDP.

Aggregate Supply

The total supply of goods and services produced within an economy at a given overall price level and in a given time period.

Price Level

The average of current prices across the entire spectrum of goods and services produced in the economy, often used as a measure of inflation.