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How do rater errors and personal emotions affect the performance appraisal process? How can firms manage the impact of both?
Exchange Rate
The value of one country's currency in terms of another's, used in foreign exchange markets to facilitate international trade.
Supply Of Dollars
The total amount of US dollars available in the global market, including cash and bank deposits.
Real Exchange Rate
The rate at which two currencies can be exchanged to purchase the same basket of goods and services, taking into account inflation rates of the involved countries.
Equilibrium Level
The state at which market supply and demand balance each other, and as a result, prices become stable.
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