Examlex
Which of the following abilities would LEAST likely be measured when recruiting and testing applicants for a sales position?
Potential Output
The highest level of output an economy can produce without leading to inflation, when operating at full employment.
Monetary Policy
Actions undertaken by a central bank to control the money supply and interest rates to achieve macroeconomic objectives like controlling inflation, consumption, growth, and liquidity.
Wage Increases
Adjustments to employee salaries that lead to a higher rate of pay, often in response to factors like inflation, performance, and market demands.
Labor Productivity
measures the output produced per unit of labor input, indicating how efficiently labor is used in the production process.
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