When the Consumption Schedule Lies Above the 45-Degree Reference Line

question 185

Multiple Choice

When the consumption schedule lies above the 45-degree reference line, consumption spending is _____ than income and saving is _____.

• A) greater; positive
• B) less; positive
• C) greater; negative
• D) less; negative

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Definitions:

Home HR Practices

Human resource management techniques and policies that are applied within the organization's home country, possibly adapted for international operations.

Local Practices

Customary ways of operating within a specific geographical or cultural context, often adopted by businesses to ensure compliance and effectiveness.

Repatriate

The process of returning a person to their country of origin or citizenship after they have been abroad.

Home Country

The county in which a corporation's headquarters is located, influencing its management practices and approach to international business.