Examlex
In the context of personal selling, which of the following factors is compelling companies to reduce new hires and even cut back on their existing sales forces?
Money Supply
The total amount of money available in an economy at a particular time, including cash, deposits, and other liquid assets.
Sacrifice Ratio
The number of percentage points of annual output lost in the process of reducing inflation by 1 percentage point.
Inflation
An increase in the overall level of prices in the economy
Output
The amount of goods or services produced by a firm, industry, or economy over a given period.
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