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Describe some ways by which management can attract, select, and recruit diverse employees in an organization.
Interest Rate
The percentage of a sum of money charged for its use, determining the cost of borrowing or the return on savings.
Money Supply
The total amount of money available in an economy at a specific time, including cash and deposits.
Opportunity Cost
Sacrificing the chance to gain from other alternatives by committing to one choice.
Real Interest Rate
The interest rate adjusted for inflation, representing the true cost of borrowing and the real yield to lenders or investors.
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