When the Government Attempts to Improve Equity in an Economy

question 176

Multiple Choice

When the government attempts to improve equity in an economy, what is often the result?

• A) an increase in overall output in the economy
• B) additional government revenue since overall income will increase
• C) an actual reduction in equity
• D) reduced efficiency in the economy

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Definitions:

Proactive

Taking initiative by acting in anticipation of future problems, needs, or changes.

HR Forecasting

The process used by human resources to estimate the future demand and supply of employees needed to achieve the company's objectives.

Human Resources

The department within an organization responsible for hiring, administering benefits, and managing employee relations.

Personnel Planning

The process of determining an organization's future personnel needs and developing strategies to meet those needs.