According to the Text, Which of the Following Would Most

question 27

Multiple Choice

According to the text, which of the following would most likely be categorized as an unanticipated event in the HRM external environment?

• A) recessions
• B) hurricanes
• C) employee retirements
• D) stock and bondmarket losses

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Definitions:

Permanent

Something that is meant to last or continue indefinitely without change.

Disposable Income

Refers to the sum of money available to families for spending and saving purposes once income taxes have been deducted.

APC

Average Propensity to Consume; the ratio of total consumption to total disposable income.

45-Degree Line

A graphical representation in economics, typically used in Keynesian cross diagrams, showing points where aggregate expenditure equals total output or income.