In an Economy in Which Velocity Is Constant and Real

question 5

Multiple Choice

In an economy in which velocity is constant and real output grows at an average rate of 4 percent per year,a 4 percent average rate of growth in the money supply would result in:

• A)a constant price level.
• B)a slowly increasing price level.
• C)a rapidly increasing price level.
• D)constant real GDP.
• E)constant nominal GDP.

Understand the various methods and tools used for forecasting the demand and supply of labor.

Recognize the importance and components of SWOT analysis in HR planning.

Identify the critical role of strategic human resource management (SHRM) in aligning HR practices with overall business strategy.

Comprehend the use and significance of HR metrics and dashboards in effective HR management.