In the United States It Is Clear That If a Dollar

question 61

Multiple Choice

In the United States it is clear that if a dollar were diverted from present consumption to present investment,the return on that investment would be ________ to reward the deferral of consumption,meaning that overall economic welfare would rise with ________ in national saving.

• A)insufficient,an increase
• B)insufficient,a decrease
• C)more than sufficient,an increase
• D)more than sufficient,a decrease

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Definitions:

Cost Analysis

The review and evaluation of the costs associated with a project, process, or activity, aimed at identifying opportunities for cost reduction and efficiency improvement.

Cost Reduction Target

A goal set by a company to decrease expenses in order to improve profitability.

Cost Elements

The various types of expenses that contribute to the total cost of a product or service, including materials, labor, and overhead.

Leverage Items

Products or services critical to an organization's operations that can be used as a bargaining tool in negotiations.