Strategic Selection Is Important Because of

question 33

Multiple Choice

Strategic selection is important because of

• A)ethical reasons.
• B)the time and costs involved.
• C)the costs involved, impact on performance, and legal implications.
• D)the employment equity plan.
• E)the budget required and legal implications.

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Definitions:

Money Supply

The total amount of monetary assets available in an economy at a given time.

Prolonged Inflation

An extended period of time during which prices in an economy consistently rise, diminishing purchasing power.

Monetarist

An economist who believes that variations in the money supply have major influences on national output in the short run and the price level over longer periods.

Keynesian

An economic theory suggesting that increased government expenditures and lower taxes can stimulate demand and pull the global economy out of a recession.