In the Classical Model

question 33

Multiple Choice

In the classical model,

• A) markets do not automatically clear.
• B) business demand for loanable fund exceeds business planned investment spending.
• C) there is no government sector,only private consumption and planned investment.
• D) businesses engage in interest-free borrowing.
• E) the government's demand for funds is vertical.

---

Definitions:

Normative Commitment

A feeling of obligation to remain with an organization because of moral or ethical beliefs.

Time Employed

The duration or period an individual has been working in a particular job or organization.

Normative Commitment

A feeling of obligation to continue employment with an organization due to shared values and beliefs.

Affective Commitment

An employee’s emotional attachment to, identification with, and involvement in the organization.