As Government Becomes Larger and Larger as a Share of the Economy

question 128

Multiple Choice

As government becomes larger and larger as a share of the economy, economic growth is likely to decline because

• A) taxes are reduced to levels that are inconsistent with economic efficiency.
• B) governments are involved in many activities for which they are ill-suited.
• C) tax-transfer activities are reduced and sometimes virtually eliminated.
• D) governments do not spend enough on the provision of key public goods like education.

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Definitions:

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.

Performance Effectiveness

The level of success in accomplishing goals and resolving identified issues.

Acronym BARS

stands for Behaviorally Anchored Rating Scales, a performance appraisal method linking performance ratings to specific behavioral examples within job-relevant categories.