The Perspective from Which a Factor Is Viewed Matters in Terms

question 137

Multiple Choice

The perspective from which a factor is viewed matters in terms of determining if, and how much, economic rent it receives. Which of the following examples illustrates this?

• A)Smith currently earns $80,000 as an accountant.If he works as an accountant at another firm, he would earn $76,000.
• B)Jones currently earns $66,000 as an attorney for a large law firm.If he were to work instead at a small law firm, he would earn $55,000.
• C)Smith currently earns $80,000 as an accountant.If he works as an accountant at another firm, he would earn $78,000, but if he works at a job outside accounting, he would earn $60,000.
• D)Jones will pay Smith more to work for him than Brown will pay Smith to work for her.
• E)a and b

Understand the characteristics and functions of different forms of government (authoritarian, totalitarian, democracy, monarchy).

Identify the implications of citizenship status on political rights and representation.

Analyze the role of power and authority within the context of sociopolitical structures.

Grasp the concept of the power elite and its influence on political and economic systems.

---

Definitions:

Coercive Power

A form of power based on the ability to compel others to comply through threats, punishment, or force.

Control Rewards

A management strategy that involves the use of incentives and benefits to influence employee behavior and increase productivity.

Referent Power

Refers to the ability of a leader to influence others because they respect, admire, or like the leader.

Individualistic

Characterizing a culture or person that values independence, self-reliance, and personal achievement over group goals.