Recent Data on Consumer Expenditures Indicate That the Savings Rate

question 189

Multiple Choice

Recent data on consumer expenditures indicate that the savings rate of U.S.consumers has

• A)declined to 13 percent.
• B)remained flat at 0.5 percent.
• C)fluctuated minimally around 2 percent.
• D)risen to 5.5 percent.
• E)exploded to nearly 10 percent.

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Definitions:

Vertical Loading

The delegation of greater responsibility and authority to lower levels within an organizational hierarchy, aiming to increase job enrichment and employee engagement.

Horizontal Loading

An approach to job design that involves adding more tasks of similar complexity to an employee's responsibilities to increase job breadth.

Job Responsibility

The specific tasks or duties that are expected to be carried out by someone in their employment role.

Job Enlargement

The process of increasing the number and variety of tasks that an employee performs, aiming to enhance job satisfaction and performance.