Which of the Following Is Always True After an Economy

question 23

Multiple Choice

Which of the following is always true after an economy reaches a balanced growth equilibrium?

• A) The growth rate of output equals the rate of depreciation.
• B) The growth rate of capital is equal to the savings rate.
• C) The growth rate of capital is equal to the growth rate of the effective workforce.
• D) Population growth is zero.
• E) The growth rate of output equals the rate of saving.

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Definitions:

Control Over Work

The extent to which employees can influence their tasks, work conditions, and schedules in their job.

Compensation Strategy

A compensation strategy is an organization's plan for determining the pay scales and job benefits for its employees, aligning them with its business goals and competitive practices.

Compensation Mix

The combination of various forms of pay (such as salary, bonuses, and benefits) that constitute the total compensation offered to employees.

Required Behaviour

Actions and conduct expected from individuals in a particular role or position, as defined by job descriptions, organizational norms, or cultural expectations.