Some Savings and Investment Choices Have the Potential for Higher

question 62

Multiple Choice

Some savings and investment choices have the potential for higher earnings.However,these may also be difficult to convert to cash when you need the funds.This problem refers to:

• A)inflation risk.
• B)interest rate risk.
• C)income risk.
• D)personal risk.
• E)liquidity risk.

---

Definitions:

Work

The exertion of effort in order to achieve or accomplish something, typically involving physical or mental activities in a job or profession.

Job Depth

The extent to which a job allows an employee to exercise discretion and independence in their tasks and decision-making processes.

Psychological Contract

The unwritten, implicit expectations and beliefs about the relationship between an employer and its employees.

Job Enrichment

A method of motivating employees by enhancing the quality and variety of their work tasks and responsibilities.