Which of the Following Is the Primary Disadvantage for Employers

question 19

Multiple Choice

Which of the following is the primary disadvantage for employers who use private employment agencies to fill positions?

• A)White-collar applicants are difficult to attract.
• B)Applicant screening may not be thorough.
• C)Applicant processing time is too lengthy.
• D)Application procedures are complicated.

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Definitions:

National Saving

The total amount of savings generated within a country, equal to the sum of private and public savings, often used for investment.

Crowding Out

The phenomenon where increased government spending leads to a reduction in private sector investment or spending due to higher interest rates or competition for resources.

Discretionary Fiscal Policy

It involves government policy changes in taxation and spending designed to influence economic activity, typically to counteract inflation or deflation and stabilize the economy.

Nominal Output

The total value of goods and services produced by an economy, measured in current prices without adjusting for inflation.