When Managers Who Express Positive Emotions Such as Happiness, Enthusiasm

question 63

Multiple Choice

When managers who express positive emotions such as happiness, enthusiasm, and appreciation trigger these same positive emotions in employees, __________ is happening.

• A) perceptual selectivity
• B) cognitive dissonance
• C) social awareness
• D) self-efficacy
• E) emotional contagion

Understand the economic implications of labor market discrimination.

Recognize the factors that can lead to wage differentials in a competitive labor market.

Identify scenarios where discrimination might persist despite competitive market pressures.

Understand how consumer preferences can influence market outcomes related to discrimination.

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Definitions:

Trade Deficits

Occurs when a country's imports of goods and services exceed its exports, leading to more money leaving the country than coming in.

Saving Rate

The saving rate is the proportion of income that is not spent on consumption, but rather set aside for future use, often expressed as a percentage of total income.

Current Account Deficits

A situation where a country's total imports of goods, services, and transfers are greater than its total exports, indicating a nation is spending more abroad than it is earning.

Foreign Ownership

The situation where companies or assets are owned by investors or entities based outside the country in which the companies operate or the assets are located.