In the Equation $\vec { M } + \vec { v } = \vec { P } + \vec { Y } _ { R }$

question 73

Multiple Choice

In the equation $\vec { M } + \vec { v } = \vec { P } + \vec { Y } _ { R }$ , what does $\vec { v }$
Stand for?

• A) the velocity of money
• B) growth in the velocity of money
• C) the market value of goods and services
• D) growth in the market value of goods and services

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Definitions:

Performance Appraisal

A systematic evaluation process of an employee's job performance and productivity in relation to certain pre-established criteria and organizational objectives.

Validity

The extent to which performance on a measure (such as a test score) is related to what the measure is designed to assess (such as job performance).

Relevant

Pertaining to or connected with the matter at hand; applicable or significant to the topic being discussed.

Paired-comparison Method

A technique in performance appraisal where an employee's performance is compared directly with that of another employee.