Which of the Following Statements Is Correct According to Both

question 9

Multiple Choice

Which of the following statements is correct according to both new classical and new Keynesian economists?

• A)An unexpected increase in the money supply will increase only prices in the short run, whereas an unexpected increase in government spending will increase both prices and output.
• B)An unexpected increase in government spending will increase both prices and output in the short run.
• C)An unexpected increase in government spending will increase only output in the short run.
• D)Unexpected increases in the money supply or in government spending will increase only prices in the short run.

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Definitions:

Behaviourally Anchored

A method of rating performance that involves evaluating specific examples of an employee's behavior against predefined anchors or benchmarks.

Subjective

Relating to personal opinions, interpretations, or feelings rather than to objective facts or evidence.

Traits Methods

A series of techniques used in performance evaluations focusing on the individual characteristics and attributes of employees rather than solely on output.

Behaviourally Anchored Rating Scale

A rating system that evaluates employees' performance based on specific behaviors that are indicative of success in their job roles.