Which of the Following Statements Is FALSE

question 79

Multiple Choice

Which of the following statements is FALSE?

• A) Fundamentally, interest rates are determined by the RBA.
• B) The interest rates that are quoted by banks and other financial institutions are nominal interest rates.
• C) The RBA determines very short-term interest rates through its influence on the cash rate.
• D) The interest rates that banks offer on investments or charge on loans depends on the horizon of the investment or loan.

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Definitions:

360-degree Feedback

A performance appraisal method where employees receive confidential, anonymous feedback from the people who work around them, including peers, managers, and direct reports.

Perceptual Errors

Mistakes in judgment or interpretation made due to the subjective nature of perception.

Appraisal Accuracy

The degree to which performance evaluations accurately reflect the true performance levels of employees, free from biases or errors.

Performance Management

An ongoing organizational process that involves setting employee goals, monitoring progress, and providing feedback and coaching to improve performance.