At the Equilibrium Level of Income, It Must Be True

question 152

Multiple Choice

At the equilibrium level of income, it must be true that total

• A)income equals total spending.
• B)product equals total output.
• C)output equals total inventory.
• D)income equals total saving.

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Definitions:

Task Identity

The degree to which a job involves completing a whole, identifiable piece of work from start to finish.

Visible Outcome

An observable and measurable result or effect that can be directly attributed to a specific action or set of actions.

Job Characteristics Model

A theory that describes how job design affects employee motivation, satisfaction, and performance by detailing five core job characteristics.

Autonomy

The capacity to make an informed, uncoerced decision; in the workplace, it often refers to the degree of independence in decision-making.