In Recent Years, Japan's Capital Stock Has Increased by About

question 207

Multiple Choice

In recent years, Japan's capital stock has increased by about 6 percent from one year to the next. As a result, we would expect

• A) a leftward shift in Japan's aggregate demand curve.
• B) a movement up along Japan's short-run aggregate supply curve.
• C) only Japan's long-run aggregate supply curve to shift rightward.
• D) rightward shifts in both Japan's short-run aggregate supply and long-run aggregate supply curves.

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Definitions:

Compensation System

A structured plan designed by an organization to pay its employees, including wages, salaries, benefits, and bonuses.

Total Rewards Approach

A strategy that encompasses all forms of compensation, including salary, benefits, recognition, and development opportunities, to motivate and retain employees.

Compensation System

An organized approach used by employers to determine the value and pay structure for different positions within the organization.

Compensation Strategy

A plan or approach designed by an organization to determine how employees are rewarded for their work, including salaries, benefits, and bonuses.