Which of the Following Does NOT Occur as the Economy

question 24

Multiple Choice

Which of the following does NOT occur as the economy moves from an expansion to a recession?

• A) Incomes fall during recessions as firms cut production in response to unplanned increases in inventories.
• B) An initial decrease in autonomous spending is the trigger that creates the business cycle turning point.
• C) The multiplier process reinforces any decrease in spending and pushes the economy into recession.
• D) The change in planned spending exceeds the change in real GDP.

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Definitions:

Human Resource Management

The strategic approach to the effective management of an organization's workers to help the business gain a competitive advantage.

Developmental Perspective

Viewing behavior, relationships, and processes through the lens of growth and change over time.

Training

The process of enhancing the skills, knowledge, and competencies of employees through planned learning activities to improve job performance.

Personal Development

The ongoing process of self-improvement and acquiring new skills or knowledge to enhance one's life and career.