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Use the Following to Answer Questions

question 9

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Use the following to answer questions :
Exhibit: Keynesian Cross Use the following to answer questions : Exhibit: Keynesian Cross   -(Exhibit: Keynesian Cross)  In this graph, if firms are producing at level Y<sub>3</sub>, then inventories will ______, inducing firms to ______ production. A)  rise; increase B)  rise; decrease C)  fall; increase D)  fall; decrease
-(Exhibit: Keynesian Cross) In this graph, if firms are producing at level Y3, then inventories will ______, inducing firms to ______ production.


Definitions:

Simple Ranking Method

The simple ranking method involves having the manager rank-order each member of a particular work group or department from top to bottom or from best to worst.

Performance Appraisal

A structured assessment process where an employee's effectiveness and achievements are reviewed and communicated by supervisors.

Central Tendency Error

A bias in performance appraisal where evaluators unfairly rate most employees around the average or middle of the scale.

Establishment Stage

A phase in career development where individuals focus on achieving stability and success in their chosen profession.

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