Examlex
What performance appraisal problem occurs when supervisors allow individual differences such as gender,race,or age to affect the ratings they give?
Household
An economic unit that consists of all individuals who occupy a housing unit, regardless of their relationship.
Business
Organized efforts by individuals or entities to produce, sell goods or provide services for profit.
Factor Market
A marketplace where factors of production (e.g., labor, capital, land) are bought and sold.
Circular-Flow Diagram
A visual model of the economy that shows the flow of money, goods and services, and factors of production between households and businesses.
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