If Pay and Performance Were Graphed,and Employees Who Have Low

question 34

Multiple Choice

If pay and performance were graphed,and employees who have low pay have high performance and employees who have high pay have low performance,this would represent a

• A)zero correlation.
• B)positive correlation.
• C)negative correlation.
• D)spurious correlation.

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Definitions:

Current Account

Part of a country's balance of payments, it includes the trade balance, net income from abroad, and net current transfers.

Capital Account

A national account that records transactions involving the purchase and sale of assets, such as property rights and stocks, between residents and non-residents.

Personal Savings Rate

The percentage of personal disposable income that is saved by households rather than spent on consumption.

Current Account Deficit

A current account deficit occurs when a country's total imports of goods, services, and transfers are greater than its total exports, indicating it is spending more on foreign trade than it is earning.