-Based on the Diagram Above,an Economy in Short-Run Equilibrium at Point

question 133

Multiple Choice

-Based on the diagram above,an economy in short-run equilibrium at point A has a(n) ___________ gap.The gap could be eliminated by the self-correcting mechanism of the model and eventually achieve a long-run equilibrium at point ________,or the central bank could intervene with monetary "easing" and the long-run equilibrium would be at point ________.

• A) recessionary;B;C
• B) recessionary;C;B
• C) recessionary;C;C
• D) expansionary;B;C
• E) expansionary;C;B

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Definitions:

Performance Appraisal

A structured assessment process where an employee's effectiveness and achievements are reviewed and communicated by supervisors.

Central Tendency Error

A bias in performance appraisal where evaluators unfairly rate most employees around the average or middle of the scale.

Establishment Stage

A phase in career development where individuals focus on achieving stability and success in their chosen profession.

Maintenance Stage

In behavior change models, the phase where new behaviors are sustained over time and relapse is avoided.