Figure 19-12 -Refer to Figure 19-12.The Graph Above Depicts Supply and Demand

question 116

Multiple Choice

Figure 19-12
-Refer to Figure 19-12.The graph above depicts supply and demand for U.S.dollars during a trading day,where the quantity is millions of dollars.In order to support a fixed exchange rate of 0.30 pounds per dollar,the U.S.central bank must

• A)buy 0.4 million dollars per trading day.
• B)sell 0.4 million dollars per trading day.
• C)buy 0.8 million dollars per trading day.
• D)sell 0.8 million dollars per trading day.

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Definitions:

Performance Appraisal

The process of evaluating an employee's job performance and productivity in relation to established criteria and organizational objectives.

Checklist

A list of items, tasks, or criteria used to ensure completeness and accuracy.

Multiperson Comparison Method

A performance evaluation method where an individual's performance is directly compared with that of several others.

Performance Appraisal

A systematic evaluation process in which the work performance of an employee is assessed and documented, often influencing decisions on promotions, pay raises, and training needs.