Monetary Policy and Fiscal Policy Influence

question 92

Multiple Choice

Monetary policy and fiscal policy influence

• A)output and prices in the short run and the long run.
• B)output and prices in the short run only.
• C)output in the short run and the long run.
• D)output in the short run only.

---

Definitions:

Strictness Error

A bias in performance appraisal characterized by consistently rating employees more harshly than their performance deserves.

Performance Feedback

The process in which employees receive information and evaluation about their work performance from supervisors, peers, or self-assessment.

Problem-Solving Approach

A problem-solving approach involves a step-by-step process of defining the problem, generating alternative solutions, evaluating and selecting the best solution, and implementing it to address the issue or situation faced.

Raters

Individuals who assess or evaluate performance, often in contexts like performance appraisals in organizations.