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In _____ ranking, raters look at a list of employees, decide who the best employee is, and cross that person's name off the list.From the remaining names, the manager decides who the worst employee is and crosses that name off the list-and so forth.
National Debt
The net accumulation of federal budget deficits.
Rate of Unemployment
The percentage of the labor force that is jobless and actively seeking employment.
Normative Economic Statement
A statement that reflects opinions or judgments about what ought to be in economics, focusing on the desirability of certain economic policies or outcomes.
Minimum Wage
The lowest legal wage that employers are allowed to pay their workers, set by law to ensure a minimum standard of living for employees.
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