Refer to Figure 9.2 for the Following Questions

question 1

Multiple Choice

Refer to Figure 9.2 for the following questions.
Figure 9.2

-If the economy is currently at point N in Figure 9.2, which of the following could cause it to move to point K?

• A)households expect future income to decline
• B)household wealth rises
• C)the firm's cash flow rises as profits rise
• D)government expenditures increase

---

Definitions:

Job Analysis

A systematic process for gathering, documenting, and analyzing information about the content, requirements, and context of jobs to support hiring, training, performance evaluation, and other HR activities.

National Occupational Classification

A systematic classification of occupations in the economy, providing a standardized framework for job definitions, skill requirements, and work attributes.

Uniformity

The state or quality of being the same in terms of appearance, behavior, or structure, often pursued to ensure consistency and standardization.

Job Specification

A detailed description of the qualifications, skills, and experience required for a particular job or position.