Refer to Table 13 -Refer to Table 13

question 40

Multiple Choice

Refer to Table 13.2 for the following questions.
Table 13.2
$$\begin{array} { | l | c | c | } \hline & \mathbf { 2 0 1 7 } & \mathbf { 2 0 1 8 } \\\hline \text { Nominal GDP } & \$ 12000 & \$ 13000 \\\hline \text { Real GDP } & \$ 9500 & \$ 10500 \\\hline\end{array}$$
-Refer to Table 13.2.Calculate the rate of increase in the price level from 2017 to 2018.

• A) 1.6%
• B) 2.9%
• C) -2.9%
• D) -1.6%

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Definitions:

Structured Interview

A selection interview that consists of a predetermined set of questions for the interviewer to ask.

Compensation Systems

Arrangements or methods used by organizations to pay and reward employees for their work.

Empowerment

The process of giving people more control over their lives or the situation they are in, often by delegating power or offering resources and support.

Job Satisfaction

The level of contentment employees feel about their work, which can affect their performance and well-being.