The Education, Training, and Experiences of Individual Employees That Provide

question 60

Multiple Choice

The education, training, and experiences of individual employees that provide value to an organization is known as:

• A)human capital.
• B)demographic analysis.
• C)organizational socialization.
• D)overlearning.

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Definitions:

Aggregate Demand

The total demand for all goods and services in an economy at a given general price level and in a given time period.

Aggregate Supply

The aggregate output of goods and services that companies in a national economy aim to market within a given timeframe.

Classical Economic Theory

A broad school of thought in economics that emphasizes the role of market forces and the flexibility of prices in achieving economic equilibrium, advocating minimal government intervention.

Stagflation

A situation in an economy where the inflation rate is high, the economic growth rate slows, and unemployment remains steadily high.