If an Employee Stays in a Job She Is Unhappy

question 10

Multiple Choice

If an employee stays in a job she is unhappy with due to the comparison level of alternatives, it could mean that the employee thinks

• A) she cannot make more money somewhere else.
• B) she is being overpaid for the work she does.
• C) the benefits are appropriate for her job.
• D) the work conditions are what she expects.

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Definitions:

Fixed Exchange-Rate System

A monetary system in which the value of a nation's currency is fixed to the value of a single currency, a group of currencies, or a tangible asset such as gold.

Foreign-Exchange Reserves

These are assets held by a central bank in foreign currencies, used to back its liabilities and influence monetary policy.

Demand for Pesos

The desire or requirement for the Mexican currency by individuals, businesses, or countries.

Dollar-Peso Exchange Rate

The rate at which the currency of one country (dollar) can be exchanged for the currency of another country (peso), influencing international trade and investment.