Evaluation Flashcards
1
Q
S
A
significance
2
Q
W
A
wording
3
Q
EE
A
economic environment
4
Q
T
A
Time lag - how long will it take to implement the policy
5
Q
L
A
Long/ short run
6
Q
O
A
opportunity cost
7
Q
V
A
Viewpoints
8
Q
E
A
elasticity
9
Q
R
A
Reliability
10
Q
C
A
Ceteris paribus - what happens if more than one thing changes
11
Q
G
A
government failure - do the government know what they’re doing?
