Answer:
A. Behaviorally Anchored Rating Scale
Explanation:
The behaviorally anchored rating scales, called BARS for short, indicates both qualitative and quantitative data to the employees appraisal process. BARS uses behavioural movements as reference rather than using the traditional generic descriptors. It identifies critical behaviours of a large group, classify these behaviors into performance dimensions and then rank these behaviors into levels of performance.
Answer:
$80 million
Explanation:
The total income received by the plant's employees during the year will be $40 million (= 1,000 employees x $40,000 per employee). Since their propensity to consume is 2/3, they the employees will spend $26.67 million and save $13.3 million.
The money multiplier can be calculated using the formula: money multiplier = 1 / (1 - MPC) = 1 / (1 - 0.67) = 1 / 0.33 = 3
To determine the total income effect in St. Louis we have to multiply the money spent times the money multiplier = $26.67 million x 3 = $80 million
Answer:
- Health Insurance
- Auto/Car Insurance
- Life Insurance
- Renters/Home Insurance
- Disability Insurance
Explanation:
There are other forms or insurance including: Liability, Worker's Compansation, and Errors and Immisions.
But the ones listed above are the general types.
Hope this helps!! <3
Answer:
Potential GDP is:
C. Is the maximum output firms are capable of producing.
Explanation:
Potential gross domestic product (GDP) is defined in the OECD's Economic Outlook publication as the level of output that an economy can produce at a constant inflation rate. Potential output occurs when an economy produces what it can using all of its resources. These resources include technology, equipment, natural resources, and employees. Potential output can also be looked at in terms of supply and demand.
Although an economy can temporarily produce more than its potential level of output, that comes at the cost of rising inflation.
The changes in potential GDP are caused by the increase in quantity of physical or human capital So the larger quantity of physical capital and human capital, the greater is potential GDP.
The difference between actual and potential GDP is that potential GDP is the level of production of goods and services that the economy is capable of if its workforce is fully employed and its capital stock is fully utilized. Actual GDP is the actual output of goods and services. Real potential GDP is the CBO's estimate of the output the economy would produce with a high rate of use of its capital and labor resources. The data is adjusted to remove the effects of inflation.
The statements, which are examples of outsourcing, are, A company hires a local manufacturer to build its products, a company hires international workers for its customer service call center; and a company hires a marketing firm for branding. Therefore, option A is the correct option; that is, all these statements are true.
<h3>What is outsourcing?</h3>
Outsourcing is a kind of agreement that takes place between two or more organizations. It takes place generally in order to delegate the work of the organization to other organizations that provide such services to bigger organizations.
Outsourcing is one of the major economic activities in developing and underdeveloped countries, which provides work for companies in developed countries.
Since all of these statements are true, option A is the best choice.
Learn more about outsourcing here:
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