Chapter 6PHR Practice Exam

 

  1. What is the primary difference between leading and lagging economic indicators?

    1. Leading indicators show that the economy will change, whereas lagging indicators show that the economy has already changed.
    2. Lagging indicators show that the economy is behind in the global marketplace, whereas leading indicators show that the economy is ahead of their global counterparts.
    3. Leading indicators show that the economy has grown, whereas lagging indicators demonstrate that the economy is slow.
    4. There is no major distinction between the two.
  2. During recruiting, a supervisor told you that she wanted to pay more to an applicant than was advertised. While the salary amount was still within the range for the position, ...

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