If the Number Employed Grows Faster Than the Population,then the

question 107

Multiple Choice

If the number employed grows faster than the population,then the

• A)Living standard will fall.
• B)Growth rate of GDP will fall.
• C)Living standard will rise.
• D)Growth rate of GDP will not be affecteD.Living standards will rise because a greater share of the population is working,thereby producing more goods and services and a higher GDP per capita.

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Personal Power

The influence or authority one has derived from their personal attributes or abilities, enabling them to affect the actions of others.

Charismatic Personality

A personality trait characterized by an individual's ability to attract, influence, and inspire others.

Special Expertise

A unique set of skills or knowledge that sets an individual or organization apart from others.

Management Hierarchy

An organizational structure that arranges roles, responsibilities, and authority in a graded or leveled manner, from top management to lower-level employees.