GDP Includes

question 59

Multiple Choice

GDP includes:

• A) the negative attributes from erosion and deforested landscape.
• B) all quality improvements resulting from higher quality goods replacing inferior goods.
• C) the cleaning-up expenses associated with pollution.
• D) the value of leisure time.

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Definitions:

Performance Appraisal

The process by which a manager or consultant evaluates and documents an employee's performance, typically on an annual basis.

Central Tendency Error

A bias in evaluating others where assessments tend to cluster around a central point, ignoring extreme performances.

Performance Appraisal

A systematic evaluation process in which the work performance of an employee is assessed, typically by their manager, with feedback provided for future improvement.

Behaviorally Anchored Rating Scales

A performance appraisal method that uses specific examples of behavior to rate an employee's performance.