Figure 34-1 -Refer to Figure 34-1.Which of the Following Is Correct

question 19

Multiple Choice

Figure 34-1
-Refer to Figure 34-1.Which of the following is correct?

• A)If the interest rate is 4 percent,there is excess money demand,and the interest rate will fall.
• B)If the interest rate is 3 percent,there is excess money supply,and the interest rate will rise.
• C)Starting with an interest rate of 4 percent,the demand for goods and services will increase until the money market reaches a new equilibrium.
• D)None of the above is correct.

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Definitions:

Attrition

The process of reducing an HR surplus by allowing the size of the workforce to decline naturally because of the normal pattern of losses associated with retirements, deaths, and voluntary turnover.

HR Surplus

A situation in which the organization has more human capital than it requires in order to meet its current or forecasted human capital requirements.

Workforce

The total number of a country's or an organization's employees, including both the staff and the workers.

HR Demand

The organization's projected requirement for human capital.