Because of the Work of _____ During the Late 18th

question 232

Multiple Choice

Because of the work of _____ during the late 18th and early 19th centuries, economics became known as the dismal science.

• A) Alfred Marshall
• B) Karl Marx
• C) John Maynard Keynes
• D) Thomas Malthus

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Definitions:

Productive

The efficiency and effectiveness with which input resources (like time, labor, and materials) are transformed into outputs (goods or services) that generate value.

Rankings/Comparisons Performance

The assessment of an individual's or organization's performance relative to others based on specific criteria or standards.

Absolute Distance

A measure of the physical space between two points, often determined by a standard unit of length.

Behaviorally Anchored Rating Scales (BARS)

A performance appraisal method that rates behavior in terms of a scale showing specific examples of employee actions that represent various levels of performance.