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If is the federal funds rate, R is the market interest rate, and
Is the financial friction, what is the equation for the market interest rate?
Performance Appraisal
A regular review of an employee's job performance and overall contribution to an organization, including assessments of goals achieved and skills developed.
Human Resource Management
A strategic approach to the effective and efficient management of people in an organization in a way that helps the business gain a competitive advantage.
People-centered Practices
Business or organizational strategies that emphasize the importance and well-being of employees, promoting a positive workplace culture.
Employee Turnover
The rate at which employees leave a company and are replaced by new employees, which can impact the company's performance and morale.
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