Which of the Following Is Correct

question 52

Multiple Choice

Which of the following is correct?

• A)If a relatively poor country had grown at 3.5 percent per year for the last 100 years, it would be a relatively rich country today.
• B)International data on the history of the growth of real GDP per person shows that the rich countries get richer and the poor countries get poorer.
• C)In the United States, average income today is about four times as high as average income a century ago.
• D)All of the above are correct.

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Definitions:

Psychological Investment

Psychological investment is the emotional or cognitive energy that an individual allocates to a job, project, or relationship.

Specific

Clearly defined or identified; precise and not vague, ensuring that there is no ambiguity.

Performance Management

The heart and essence of leadership success; the process of performance planning, establishing direction and clarity of assignment; performance coaching, developing and encouraging others; and correcting poor performance, modifying and improving performance when mistakes are made.

Performance Planning

The process of setting objectives and expectations for employees, which serves as a foundation for measuring performance and guiding development activities.