An Individual Who Exerts Less Effort When Working on a Group

question 100

Multiple Choice

An individual who exerts less effort when working on a group task if individual contributions will not be evaluated is engaging in what is called __________

• A) social loafing.
• B) social idleness.
• C) social facilitation.
• D) the goof-off phenomenon.

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Definitions:

Private Saving

The portion of households' income that is not used for consumption or paying taxes, and is instead saved.

Savers

Individuals or entities that set aside income or resources for future use, often with the intent of accumulating wealth or for future investment.

Investors

Individuals or institutions that allocate capital with the expectation of receiving financial returns, often involving investment in stocks, bonds, or real estate.

Market For Loanable Funds

A financial market where borrowers and lenders interact to determine the interest rate and quantity of loans.