Figure 15-1 -Refer to Figure 15-1. What Will Happen If the Current

question 82

Multiple Choice

Figure 15-1
-Refer to Figure 15-1. What will happen if the current interest rate is 4 percent?

• A) People will buy more bonds, which drives interest rates down.
• B) People will sell more bonds, which drives interest rates up.
• C) People will buy more bonds, which drives interest rates up.
• D) People will sell more bonds, which drives the interest rates down.

Recognize the concept of a high-performance work system and its reliance on employee skills and commitment.

Understand the financial and non-financial benefits of training programs to organizations and society.

Acknowledge the influence of the external environment on training and development strategies.

Understand the trade-offs involved in balancing the need for capital with the preservation of equity for startup companies.

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Definitions:

Human Rights

Fundamental rights that every individual is entitled to regardless of nationality, place of residence, sex, national or ethnic origin, color, religion, language, or any other status.

Core Labor Standards

Fundamental labor rights that include the elimination of forced labor, child labor, discrimination in employment, and the recognition of the right to collective bargaining.

ILO

The International Labour Organization (ILO) is a United Nations agency dedicated to promoting rights at work, encouraging decent employment opportunities, enhancing social protection, and strengthening dialogue on work-related issues.

Collective Bargaining

The act of discussing terms between employers and employees' representatives to reach consensus on wages, work conditions, advantages, and other elements of worker compensation and rights.