Nominal GDP Measures the Value of Goods and Services in ______

question 50

Multiple Choice

Nominal GDP measures the value of goods and services in ______ prices, while real GDP measures the value of goods and services in ______ prices.

• A) foreign; domestic
• B) domestic; foreign
• C) current; constant
• D) constant; current

Understand how performance is a function of ability, motivation, and environment.

Discuss the purposes of performance evaluation and strategies for minimizing legal challenges.

Identify effective methods and practices for conducting evaluation interviews and developing objectives within performance evaluation systems.

Understand the four basic considerations for establishing performance standards.