Process capability
a. is assured when the process is statistically in control.
b. exists when cpk is less than 1.0.
c. means that the natural variation of the process must be small enough to produce products that meet the standard.
d. exists only in theory; it cannot be measured.

Which of the following best describes the economic effect that results from the government having a budget surplus? a. consumers save more and spend less, enabling long-term financial planning. b. overall demand decreases, reducing the incentive for producers to increase production. c. banks have more deposits, enabling them to make more loans to investors. d. government spending increases, increasing competition for goods and services and driving prices up.