If the Demographics of a Nation Change and the Average

question 134

Multiple Choice

If the demographics of a nation change and the average age of the nation is approaching middle age,we would expect

• A) savings to increase.
• B) savings to decrease.
• C) borrowing to decline.
• D) consumption variation to increase.
• E) savings as a percentage of income to fall.

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Definitions:

Nonfinancial Incentives

Rewards given to employees that do not involve monetary compensation, such as recognition, opportunities for growth, and a positive work environment.

Internal Equity

The principle of providing fair compensation to employees by ensuring that jobs that require similar skills, effort, and responsibility are paid comparably within the organization.

Candidate Pool

The collection of individuals who have expressed interest or have been identified as potential hires for a job position.

Assessing Core Skills

The process of evaluating an individual's essential abilities required for the performance of specific tasks or jobs.