What Is the Result When Real Planned Saving Is Lower

question 54

Multiple Choice

What is the result when real planned saving is lower than real planned investment spending?

• A) The economy is in equilibrium.
• B) There is unplanned accumulation of business inventories.
• C) There is unplanned depletion of business inventories.
• D) Employment decreases.

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Definitions:

Competencies

A mix of knowledge, skills, behaviors, and attitudes that a person needs to be effective in a wide range of jobs and various types of organizations.

Performance

The act of carrying out a task or the level of efficiency and effectiveness with which it is executed.

Skill-Based Pay

A compensation system that determines pay levels based on the skills or proficiency levels employees achieve.

Training Costs

Expenses associated with developing and delivering training programs to improve employee skills and knowledge.