People's Perceived Likelihood That Their Efforts Will Enable Them to Attain

question 68

Multiple Choice

People's perceived likelihood that their efforts will enable them to attain their performance goals is called

• A)motivation.
• B)instrumentality.
• C)expectancy.
• D)prediction.
• E)anticipation.

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Definitions:

Goods And Services

Refers to the tangible products and intangible services that are produced and consumed within an economy.

Central Planning

An economic system in which decisions about production, investment, and distribution are made by a central authority, typically in a government.

Income

The amount of money received over a period of time, usually from work, investments, or business activities.

Guiding Function

A principle or mechanism that directs actions or decisions towards a desired outcome or objective.