Which of the Following Explanations Is Consistent with the Decline

question 13

Multiple Choice

Which of the following explanations is consistent with the decline in productivity growth that followed the Great Recession?

• A)High levels of debt incurred prior to the Great Recession have hindered firms' ability to make productivity-enhancing investments.
• B)The Federal Reserve kept interest rates too high, stifling investments that would increase productivity.
• C)High levels of inflation following the Great Recession created too much uncertainty for firms, discouraging productivity-enhancing investments.
• D)Consumer demand following the Great Recession exceeded firms' capacity to satisfy that demand.

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Definitions:

Human Resources Management

A function in organizations designed to maximize employee performance in service of an employer's strategic objectives, focusing on policies and systems.

Selection

The process of collecting information about applicants and using that information to make hiring decisions.

Job Description

A formal, written explanation of a specific job, usually including job title, tasks, relationship with other jobs, physical and mental skills required, duties, responsibilities, and working conditions.

Graphic Designer

A professional who creates visual content to communicate messages, employing color, typography, illustrations, and photography.