Jared Received a Negative Feedback During His Performance Review

question 31

Multiple Choice

Jared received a negative feedback during his performance review. Although the quality of his work was good, he often struggled to meet his productivity targets. He believes that he got the negative feedback because the management was unfair in setting unrealistic productivity goals. In this scenario, Jared's belief represents a(n) _____.

• A) defensive bias
• B) distinction bias
• C) omission bias
• D) outcome bias

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Definitions:

Flow Variable

A quantity measured over a specified period of time, indicating the rate of change in a variable.

Stock Variable

A quantity measured at a specific point in time, representing a snapshot of a certain value, such as the amount of money in a savings account.

Stagflation

A situation in an economy where there is a combination of stagnant economic growth, high unemployment, and high inflation.

Aggregate Supply

The total supply of goods and services that firms in an economy plan on selling during a specific time period.