Short-Run Fluctuations in Output and Employment Are Called

question 74

Multiple Choice

Short-run fluctuations in output and employment are called:

• A) sectoral shifts.
• B) the classical dichotomy.
• C) business cycles.
• D) productivity slowdowns.

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Definitions:

Human Capital

The collective skills, knowledge, or other intangible assets of individuals that can be used to create economic value for the individuals, their employers, or the community.

Management Inventories

Tools or databases that track managerial skills and capabilities within an organization to aid in strategic planning and deployment.

Internal and External Sources

The origins of information or resources within (internal) or outside (external) an organization.

Internal HR Supply

Refers to the sourcing of human resources from within the organization to fill vacancies or new positions.