If actual output is $11.7 trillion and potential output is $12.8 trillion, then the output gap is approximately
A. +9.4 percent.
B. +8.6 percent.
C. ?8.6 percent.
D. ?9.4 percent.
Answer: C
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Gretchen applies for a data systems operator position in one of the federal governmental agencies. As part of the selection process, she takes a civil services exam that measures her existing knowledge and skills. This scenario exemplifies a(n)
A. judgment test. B. achievement test. C. critical thinking test. D. psychometric test. E. aptitude test.
Answer the following statements true (T) or false (F)
1. One classic way of understanding teams and their effectiveness is to consider teams in terms of the contextual influences that affect their functioning, their composition, the processes they use, and the outcomes they achieve. 2. The ASA model introduced by Benjamin Schneider is a psychological theory that states that people are functions of three interrelated dynamic processes: attraction, seduction, and attrition, all of which influence organizational culture. 3. In his original model of group development in 1965, psychologist Bruce Tuckman named the stages “forming, storming, norming, and performing.” Twelve years later, Tuckman created a fifth stage called “adjourning.” 4. Norms are the formal rules of behavior that govern a team. 5. Groupthink is a psychological phenomenon in which people in a cohesive group go along with the group consensus rather than offering their own opinions.
All except ____ are considered important, major events that shaped the nation's economy during the period of 1940 to 2000.
A. the Korean War B. the institution of Franklin D. Roosevelt's federal government programs C. the shortage of crude oil D. high inflation with high interest rates and reduced business profits E. the Vietnam War
A forged or unauthorized indorsement is by definition: A) an indorsement of the person by whom it appears to have been made
B) no indorsement of the person by whom it appears to have been made. C) binding on the party who refuses to ratify the instrument. D) incapable of being ratified.