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The Behavioural Science That Underlies Work Design and Performance Appraisal

question 91

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The behavioural science that underlies work design and performance appraisal is known as


Definitions:

Aggregate Demand Curve

A curve showing the total demand for goods and services within an economy at various price levels.

Consumption

The action of using goods and services to fulfill needs or desires; usually the largest component of GDP.

Saving

The portion of income not spent on current expenditures or consumables, often put aside for future use or investments.

Opportunity Cost

The penalty of bypassing the alternative that ranks second in preference while making a choice.

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