In the Book the Limits to Growth, the Club of Rome

question 145

Multiple Choice

In the book The Limits to Growth, The Club of Rome argued that:

• A) free trade could make world growth sustainable.
• B) the World Bank needed to establish a global currency.
• C) the convergence hypothesis was invalid.
• D) limited supplies of natural resources made long-run growth unsustainable.

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Definitions:

HRM Practice

The application of management principles to the human resources of an organization, including hiring, training, performance assessment, and employee relations.

Firm Performance

The measure of a company's efficiency, profitability, and market position compared to its competitors, often analyzed through financial statements.

Pay Secrecy

Policies or practices that discourage or prohibit employees from discussing their compensation with coworkers.

Unionized Firms

Companies where a majority of the workforce is a member of a labor union, which represents the employees in negotiations with the employer.