The Perception That One Has Little Control Over the Events

question 38

Multiple Choice

The perception that one has little control over the events that affect one's life is known as _____.

• A)an internal locus of control
• B)an external locus of control
• C)systematic desensitization
• D)cocreator perception deficiency

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Definitions:

Dual Labor Market Theory

A theory suggesting the labor market is divided into two segments—the primary (high wage, good jobs) and the secondary (low wage, poor quality jobs) sectors.

Productivity Growth

The increase in the efficiency of production, measured by the amount of goods and services produced per unit of input.

Unionized Workers

Employees who are members of a union, which is an organized association formed to protect and further their rights and interests.

Substitution Effect

The economic understanding that as prices rise or income decreases, consumers will replace more expensive items with less costly alternatives.