When Output Deviates from Potential GDP,automatic Stabilizers Work to Push

question 29

Multiple Choice

When output deviates from potential GDP,automatic stabilizers work to push the economy:

• A)in the same direction that correctly timed and formulated discretionary policy would.
• B)in the opposite direction that correctly timed and formulated discretionary policy would.
• C)in unpredictable ways,causing a need for discretionary policy.
• D)can bring the economy even further from its long-run equilibrium.

Differentiate the purposes and shortcomings of different training evaluation processes and models.

Analyze challenges and strategies for assessing the impact of training, including political barriers and the application of expectancy theory.

Understand the distinctions and relationships between perceived and anticipated support.

Comprehend the barriers to training evaluation and categorize them into types with examples.

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Definitions:

Compensation Databases

Databases that contain information about salary ranges and compensation packages for various positions, used by organizations to benchmark and design their own compensation strategies.

Turnover Rates

The rate at which employees leave a company within a certain period, which can be an indicator of job satisfaction and organizational health.

Validity of Data

Pertains to the accuracy and credibility of data or information, ensuring it is sourced and interpreted correctly for decision-making.

Compensation Levels

Refers to the tiers or categories of payment provided to employees, often based on their role, experience, and performance, within an organization.