If Consumption Exceeds Income in a Particular Period, Then

question 116

Multiple Choice

If consumption exceeds income in a particular period, then:

• A) saving is negative.
• B) dissaving takes place, and can be financed by using past saving.
• C) dissaving takes place, and can be financed by borrowing.
• D) all of the above are true.

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Definitions:

Forecasting HR Demand

The process of estimating the future human resource needs of an organization, based on its business strategies, projected growth, and external market trends.

Engineers Canada

A national organization that represents the interests of engineering regulatory bodies and standards across Canada.

Conflicting Forces

Opposing factors or influences that create tension within a situation, process, or system, impeding progress or resolution.

Labour Demand

The total quantity of workers that employers are willing and able to hire at a given wage rate in a certain period.