When Prices Are Falling,economists Say That There Is

question 3

Multiple Choice

When prices are falling,economists say that there is

• A)disinflation.
• B)deflation.
• C)a contraction.
• D)an inverted inflation.

Understand the role of mentoring in career development and its indication of management support.

Analyze the advantages and disadvantages of internal recruitment strategies and measures for retaining top talent through stages of career development.

Understand the benefits of division of labor and how it enhances efficiency in organizations.

Differentiate between various forms of job analysis, especially the competency-based analysis.

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Definitions:

Contra Liability

An account that offsets a liability account on a company's balance sheet, such as discounts on bonds payable, which reduce the total amount of bonds payable.

Liability

An obligation of an entity arising from past transactions or events, the settlement of which may result in the transfer or use of assets, provision of services, or other yielding of economic benefits in the future.

Par Value

The face value of a bond or stock as stated by the issuing company.

Semiannual

Occurring twice a year or every six months.