If the Full-Employment Level of Income in Figure 9

question 143

Multiple Choice

If the full-employment level of income in Figure 9.7 is $200 billion,there is

• A)A recessionary gap of $100 billion per year.
• B)A recessionary gap of $200 billion per year.
• C)An inflationary gap of $100 billion per year.
• D)Achievement of macro equilibrium.

---

Definitions:

Behavioral Observation Scale

A tool used in performance management to evaluate and document specific, observable behaviors of employees.

Performance Appraisal

Performance appraisal is the systematic evaluation of employees' job performance and productivity to understand their abilities for further growth and development within an organization.

Goals

Targets, objectives, or outcomes that an individual, group, or organization aims to achieve.

Forced-Distribution Method

The forced-distribution method involves grouping employees into predefined frequencies of performance ratings.