Which of the Following Statements About Merit Pay Is NOT

question 17

Multiple Choice

Which of the following statements about merit pay is NOT true?

• A)It has a small but significant effect on performance.
• B)Removal of merit pay lowers satisfaction but not performance.
• C)Departments and units with merit pay show higher performance.
• D)Merit pay has a sorting effect.

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Definitions:

Money Supply Growth Rate

The rate at which the amount of money available in an economy is increasing over a specific period.

Unemployment

The condition of being without a job despite actively looking for work.

Aggregate-Demand Curve

A curve that shows the quantity of goods and services that households, firms, the government, and customers abroad want to buy at each price level

Trade-Off

A situation that involves losing one quality or aspect of something in return for gaining another quality or aspect.