For Open Economies

question 38

Multiple Choice

For open economies,

• A) S = I.
• B) S = I + CA.
• C) S = I - CA.
• D) S > I + CA.
• E) S < I + CA.

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Definitions:

Equity Theory

A theory of motivation that suggests individuals assess their job satisfaction based on the ratio of inputs to outcomes and compare it to the perceived ratio of others.

Expectancy Theory

Argues that work motivation is determined by individual beliefs regarding effort–performance relationships and work outcomes.

Process Theories

Examine the thought processes that motivate individual behavior.

Maslow's Model

A theory in psychology proposed by Abraham Maslow, often depicted as a hierarchy of needs, suggesting that people are motivated by fulfilling basic needs before moving on to other, more advanced needs.