In Practice

question 11

Multiple Choice

In practice,

• A) taxes are not lump sum taxes.
• B) real wages affect the level of lump sum taxes.
• C) the quantity of profits that the consumer received is dictated by lump sum taxes.
• D) lump sum taxes affect the effective prices that consumers face in the market.
• E) taxes have no distortionary effect.

Identifying the importance of test relevance and validity in job selection processes.

Recognizing and addressing workplace harassment.

Understanding the focus and scope of industrial/organizational psychology.

Knowledge of employment law and its implications for hiring and workplace fairness.

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Definitions:

Structured Interviews

A systematic method of interviewing where all candidates are asked the same predetermined questions in the same order.

Human Factors Psychology

A field of psychology that studies how people interact with products, tools, technologies, and environments to improve usability and performance.

Interviewer Illusion

A cognitive bias in interviewing, where the interviewer overestimates their ability to evaluate the interviewee accurately, often ignoring contextual factors.

Unstructured Interview

An interviewing technique without a set sequence of questions, allowing for a more flexible and spontaneous conversation to elicit more personal and detailed responses.