Suppose that the U. S. economy is initially in a long-run equilibrium, with aggregate demand and aggregate supply intersecting at the full employment level of output. Suddenly a recession hits the largest trading partner of the U. S. How does this impact the U. S. economy in both the short and long run, and across measures including unemployment, price level, and GDP

Which of the following statements is true of the balanced-scorecard? a. it is a more or less a one-dimensional metric of measuring competitive advantages of a firm. b. it is one of the traditional approaches of measuring firm performance. c. its primary focus is to base a firm's strategic goals entirely on external performance dimensions. d. it attempts to provide a holistic perspective on firm performance.