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Fiscal Policy Has Redistributive Implications

question 58

True/False

Fiscal policy has redistributive implications.


Definitions:

Valence

The value a person assigns to work-related outcomes.

Performance-outcome Expectancy

The belief about the likelihood that one's effort will lead to desired performance levels and outcomes.

Negative Inequity

Negative Inequity occurs when an individual perceives that their own input-output ratio is less favorable compared to others, leading to feelings of unfair treatment.

Work Inputs

Resources, effort, and materials required to perform tasks and produce outputs in a work environment.

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