If the Stock Market Crashes,then

question 47

Multiple Choice

If the stock market crashes,then

• A)aggregate demand increases,which the Fed could offset by increasing the money supply.
• B)aggregate demand increases,which the Fed could offset by decreasing the money supply.
• C)aggregate demand decreases,which the Fed could offset by increasing the money supply.
• D)aggregate demand decreases,which the Fed could offset by decreasing the money supply.

Discuss the purposes of performance evaluation and strategies for minimizing legal challenges.

Identify effective methods and practices for conducting evaluation interviews and developing objectives within performance evaluation systems.

Understand the four basic considerations for establishing performance standards.

Understand the importance of evaluation interviews and guidelines for their effectiveness.

---

Definitions:

Break-Even Point

The sales level at which a business neither makes a profit nor incurs a loss.

Variable Expenses

Expenses that vary directly with the amount of production or the degree of business activity.

Fixed Expenses

Costs that do not fluctuate with the level of production or sales, such as rent and salaries.

Contribution Margin

The amount remaining from sales revenue after variable costs are deducted, indicating the capability of covering fixed costs and generating profit.