A Halo Effect Occurs in an Interview Situation When One

question 90

True/False

A halo effect occurs in an interview situation when one attribute is used to develop an overall impression of a person or situation.

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Definitions:

Aggregate Demand

The sum of desires for all goods and services in an economy, noted at a fixed wide-ranging price level over a predetermined period.

Stock-market Boom

A time marked by swift and considerable growth in stock market prices, typically mirroring positive economic expectations.

Crowding-out Effect

A situation where increased government spending leads to a reduction in private sector spending, either through higher taxes, higher interest rates, or borrowing.

Crowding-out Effect

A situation where increased government spending leads to a reduction in private sector investment.