The Term Dollar Votes Means

question 117

Multiple Choice

The term dollar votes means:

• A)inflation will occur if consumers don't spend wisely.
• B)voters may be offered dollars to help elect certain political candidates.
• C)government is responsible for determining what will be considered legal tender.
• D)consumers "vote" for certain products to be produced by how they spend their incomes.

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Definitions:

Social Loafing

The phenomenon where individuals exert less effort to achieve a goal when they work in a group than when they work alone.

Indexation

The adjustment of income, benefits, or prices by a predetermined rate or index to account for inflation or other economic changes.

Employment Needs

The requirements of an organization for staffing, including the number and types of employees required to fulfill its objectives.

Crowdsourcing

The act of a company or institution taking a function once performed by employees and outsourcing it to an undefined (and generally large) network of people in the form of an open call.