The traditional Keynesian approach to fiscal policy assumes that

A) the effect of unemployment compensation is to destabilize the economy.
B) an equal income distribution ensures a stable economy.
C) consumers spend more when their incomes are higher.
D) cutting taxes is a more effective way to stimulate the economy than is increasing government spending.

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whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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