Recall the Application About the U

question 133

Multiple Choice

Recall the Application about the U.S. "Locomotive Effect": how U.S. growth affects foreign economies and the demand for foreign products, to answer the following question(s) . From the early 1990s until quite recently, the U.S. economy grew faster than the rest of the world, with its share of the world economy increasing from approximately 26 percent in 1992 to over 32 percent in 2001. Because the U.S. economy is such an important part of the world economy, its growth promoted growth in foreign countries.
-According to this Application, growth in China and India caused U.S. exports to increase. Because of this increase in U.S. exports, U.S. income will

• A) increase by the same amount.
• B) increase by a larger amount.
• C) decrease by the same amount.
• D) decrease by a larger amount.

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Definitions:

Porter and Lawler

A theory by Lyman W. Porter and Edward E. Lawler that suggests job satisfaction is determined by the perceived relationship between effort, performance, and rewards.

Employee Ability

Refers to the skills and capabilities that an individual possesses to perform job tasks effectively.

Role Clarity

The clear understanding of one's responsibilities, tasks, and expectations in a job or position within an organization.

Task Accomplishment

The successful completion or achievement of a specific task or objective.