If the Government's Total Budget Surplus Is $10 Billion and Its

question 6

Multiple Choice

If the government's total budget surplus is $10 billion and its debt-service payments are $8 billion,then its primary budget surplus is

• A)$2 billion.
• B)$8 billion.
• C)$10 billion.
• D)$18 billion.
• E)-$2 billion.

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Definitions:

Perceived Inequity

Perceived inequity is feeling under-rewarded or over-rewarded in comparison with others.

Felt Equity

A sense of fairness and justice experienced by individuals in comparison to their peers or in organizational settings.

MBO

Management by Objectives; a strategic management model that aims to improve the performance of an organization by clearly defining objectives that are agreed upon by both management and employees.

Frustration-regression

A psychological response wherein an individual faced with frustration or blocked goals regresses to earlier behaviors or actions as a coping mechanism.