HR Technology Has

question 30

Multiple Choice

HR technology has

• A) reduced the administrative burden on the HR department.
• B) prevented employees from accessing their personnel information.
• C) made it difficult to have access to information.
• D) increased the administrative burden on the HR department.
• E) not contributed to any changes in the HR department.

Identify the conditions for allocative efficiency in competitive markets.

Analyze the impact of external benefits and costs on market outcomes.

Understand the role of government interventions in correcting market failures due to externalities.

Explain how subsidies, taxes, and regulatory measures affect economic welfare and market equilibrium.

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Definitions:

Financial Crisis

A situation where the value of financial institutions or assets drops rapidly, leading to a loss of confidence, insolvencies, and liquidity shortages.

Collateralized Debt Obligations

A type of structured asset-backed security (ABS) with multiple layers of debt obligations typically secured by a pool of loans or other assets.

Promissory Note

A financial instrument comprising a written promise by one party to pay another party a definite sum of money either on demand or at a specified future date.

Financial Asset

An intangible asset representing a claim on future benefits or returns, examples include stocks, bonds, and bank deposits.