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The Table Contains Balance of Payments Data (+ and ?)

question 9

Multiple Choice

$\begin{array} { | l | r | } \hline \text { Current Account } & \\\hline \text { (1) Goods Exports } & + \$ 80 \\\hline \text { (2) Goods Imports } & - 70 \\\hline \text { (3) Exports of Services } & + 20 \\\hline \text { (4) Imports of Services } & - 25 \\\hline \text { (5) Net Investment Income } & + 5 \\\hline \text { (6) Net Transfers } & - 5 \\\hline \text { Financial Account } & \\\hline \text { (7) Foreign Purchases of Assets in the United States } & + 13 \\\hline \text { (8) US Purchases of Foreign Assets Abroad } & - 23 \\\hline \text { Capital Account } &\\\hline \text { (9) Balance on Capital Account } & + 5 \\\hline\end{array}$ The table contains balance of payments data (+ and ?) for the hypothetical nation of Zabella. All ?gures are in billions of dollars. Zabella has a balance of trade (goods)

Identify the effectiveness and specialty areas of public and private employment agencies in recruitment.

Recognize the significance of accurate job advertisements and yield ratios in successful recruitment strategies.

Acknowledge the importance of supporting career development and retention strategies like mentoring programs and fast-track initiatives.

Understand the concept and utility of yield ratios in evaluating recruitment sources.

Definitions:

Snob Effect

A phenomenon where the demand for a particular good increases as the price increases because the good is perceived as exclusive or high-status.

Pure Price Effect

The impact on consumer demand and behavior resulting solely from a change in the price of a good or service, with income and substitution effects considered separately.

Externality Effect

The impact of one person's actions on the well-being of a bystander, which may be positive or negative and not reflected in market prices.

Network Externality

Situation in which each individual’s demand depends on the purchases of other individuals.