There Is a Trend Towards Online Orientation Instruments,the Benefits of Which

question 65

Multiple Choice

There is a trend towards online orientation instruments,the benefits of which are all the following EXCEPT:

• A)compressed delivery time
• B)reduced workload for trainers
• C)greater cost-effectiveness
• D)employees can do internet searches for more information
• E)ability to deliver to geographically dispersed workforces

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Definitions:

Long-run Phillips Curve

A visual depiction illustrating that over an extended period, there exists no compromise between the rates of inflation and unemployment.

Long-run Aggregate Supply Curve

A curve that shows the relationship between the overall price level and the quantity of output that all firms in an economy are willing to produce, assuming all resources are fully employed.

Monetary Policy

The process by which the central bank or monetary authority of a country controls the supply of money, often targeting an inflation rate to ensure economic stability.

Short-run Phillips Curve

A curve representing the inverse relationship between the rate of inflation and the rate of unemployment in an economy over the short term.