When Capacity Utilization Rate Is High

question 51

Multiple Choice

When capacity utilization rate is high:

• A)the price level is likely to go up.
• B)consumption is likely to go down.
• C)investment is likely to increase.
• D)the rate of interest is likely to decrease.
• E)aggregate supply of goods is likely to remain constant.

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Definitions:

Performance Evaluation Bias

The presence of subjective judgments or prejudices that unfairly influence the assessment of an employee's performance.

Frame-Of-Reference Training

A training method that helps individuals understand and evaluate their performance or behaviors using a common standard or perspective.

Categorization Skills

The ability to organize, sort, and classify objects, information, or ideas into predefined categories based on set criteria.

General Goals

Broad objectives that an individual or organization aims to achieve, typically lacking specific details.