Eugene Believes That He Can Bring About Positive Change in His

question 81

Multiple Choice

Eugene believes that he can bring about positive change in his life through his own efforts. Psychologists would say that Eugene __________.

• A)has an external locus of control
• B)is catastrophizing
• C)exhibits self-defeating behavior
• D)has high self-efficacy expectations

---

Definitions:

CPI

The Consumer Price Index, a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care.

Economic Rent

The excess payment made to or income received by a factor of production over what would be needed to keep that factor in its current use.

Wage Rates

The standard amount of compensation individuals receive in exchange for their labor, usually expressed per hour or year.

Productivity

The measure of the efficiency of a person, machine, factory, system, etc., in converting inputs into useful outputs.