-In the Above Figure, If the Economy Initially Is at Point

question 70

Multiple Choice

-In the above figure, if the economy initially is at point A and government expenditure increases, in the short run the economy will move to point

• A) B.
• B) A, that is, the equilibrium will NOT change.
• C) C.
• D) None of the above answers is correct.

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Definitions:

Performance Appraisal

The systematic evaluation of an employee’s job performance and productivity with respect to the established job standards and objectives.

Appraisal Conference

A formal meeting between a manager and an employee to review the employee's performance, set goals, and discuss career progression.

Appraisal Rating

The evaluation or grading given to an employee based on their performance, often influencing promotions, pay raises, or development plans.

Scale Points

Marks or intervals on a scale used for assessment or measurement, such as in salary grades or performance evaluations.