The MPC = 2/3

question 66

Multiple Choice

The MPC = 2/3. Autonomous spending rises by $12 million. What is the maximum potential impact on GDP after the full multiplier effect?

• A) It decreases by $36 million.
• B) It decreases by $20 million.
• C) It increases by $20 million.
• D) It increases by $36 million.

Recognize the role and importance of task significance, autonomy, and job characteristics in employee motivation and job design.

Identify the contributions of key figures and theories related to job design and management, including Adam Smith and the Job Characteristics Model.

Assess the effects of various job design strategies, such as job specialization, job enlargement, and job enrichment, on training costs, employee aptitude alignment, and motivation.

Evaluate the relationship between employee motivation, reward systems, and the perception of task identity and significance.

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Definitions:

Incentives

Motivational tools or rewards designed to encourage specific behavior or actions from individuals or groups.

Centre-Of-Gravity Method

A mathematical technique used for finding the best location for a single distribution point that services several stores or areas.

Centralized Facility

describes a single location where operations or decision-making processes are concentrated, often to leverage efficiency or control.

Distribution Centre

A specialized facility that is responsible for receiving, storing, and distributing products to retailers or customers.