Explain how a nation's economic growth is measured and what stimulates economic growth. What is the central bank, and how does it affect economic growth?
What will be an ideal response?
Economic growth is the increase in value of the goods and services produced by an economy. It is usually measured as the annual increase in real GDP in which the inflation rate is subtracted from the growth rate. Economic growth results from continual economic activities, including innovation and entrepreneurshi
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Which statement about performance appraisal research is true?
A) Paired comparisons are clearly superior to other rating format types. B) Employee comparison methods are clearly superior to other rating format types. C) Companies most often use checklists as their preferred rating format. D) Companies most often use a hybrid of a graphic rating scale and a BARS
James is concerned that if he purchases a fixed immediate annuity his funds will be tied-up and not accessible if an emergency arises. His insurance agent said that a rider could be attached to his annuity to address this concern. The rider is a(n)
A) partial cash withdrawal rider. B) return of premium rider. C) guaranteed purchase option rider. D) waiver-of-premium rider.