-In the Above Figure,if the Economy Is Initially at Point

question 185

Multiple Choice

-In the above figure,if the economy is initially at point D and taxes are cut,if potential GDP does not change then the economy will move to point

• A) move to point C.
• B) move to point A.
• C) move to point B.
• D) stay at point D.

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Definitions:

Graphic Rating Scales

A method used in performance appraisals where employees are rated based on predefined criteria using a visual scale such as numbers or symbols.

Critical-Incident Technique

A method used to gather facts about significant occurrences that have a positive or negative impact, aiding in problem-solving and decision-making processes.

Multiperson Comparisons

A process where the performance, abilities, or needs of multiple individuals are evaluated against each other.

Performance Appraisal

refers to the process of evaluating employee performance against predefined benchmarks or objectives, often influencing promotions, pay raises, and development.