Technical Feasibility Determines If the Project Is an Acceptable Financial

question 71

True/False

Technical feasibility determines if the project is an acceptable financial risk and if the organization can afford the expense and time needed to complete the project.

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Definitions:

Nominal Output

The total value of goods and services produced by an economy, measured in current prices without adjusting for inflation.

Interest Rate

The cost of borrowing money, typically expressed as a percentage of the amount borrowed.

Discretionary Fiscal Policy

Government strategy that includes altering its expenditure and taxation levels to oversee and impact a country's economic conditions.

Government Securities

Government securities are financial instruments issued by the government to finance its expenditures, offering investors a return in the form of interest payments.