Which of the Following Is a Defining Assumption of the AD/AS

question 16

Multiple Choice

Which of the following is a defining assumption of the AD/AS macro model in the long run?

• A)factor supplies are assumed to be fixed
• B)technology used in production is constant
• C)the level of potential output is constant
• D)factor prices are assumed to be fixed
• E)changes in real GDP are determined by the changes in potential output

Analyze the effectiveness of different recruitment methods and tools.

Understand the significance of conveying job and organizational information accurately to potential candidates.

Evaluate approaches for managing applicant information and measuring recruitment success.

Comprehend the strategic role of human resources in leveraging employee skill sets through recruitment to gain competitive advantage.

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Definitions:

Dual Distribution

A distribution strategy where a company sells products or services through two or more different distribution channels or marketing strategies simultaneously.

Enculturation

The process of socialization through which an individual acquires his or her native culture, mainly early in life.

Acculturation

The process of social influence by which a person partially or fully acquires a new cultural outlook, either by having contact with or living in a culture different from his or her culture of origin.

Socioeconomic Status

Socioeconomic status is a measure of an individual's or family's economic and social position in relation to others, based on income, education, and occupation.