Which of the Following Is Correct Regarding Secrecy About Pay

question 23

Multiple Choice

Which of the following is correct regarding secrecy about pay rates?

• A)most organisations maintain secrecy about pay rates
• B)managers typically argue that employees prefer secrecy
• C)secrecy can lead to dissatisfaction with pay
• D)secrecy reduces motivation by obscuring the relationship between pay and performance
• E)all of the above

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Definitions:

Income

The financial gain received by an individual or entity, typically through wages, profits, rents, or investments.

Government Revenues

The total money received by the government from various sources, including taxes, fees, and other charges.

Lump-Sum Tax

A tax that is a fixed amount, not dependent on the taxpayer's income level or economic transactions.

Deadweight Loss

A loss of economic efficiency that occurs when the equilibrium for a good or service is not achieved or is achievable but is not achieved.