The Basic Idea of an Economic Incentive System Is to Induce

question 59

True/False

The basic idea of an economic incentive system is to induce a high level of individual,group,or organizational performance.

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Definitions:

Ninth Amendment

A provision of the U.S. Constitution that states the enumeration in the Constitution, of certain rights, shall not be construed to deny or disparage others retained by the people.

Constitution

A framework of critical axioms or accepted procedures by which a state or an alternative organization is directed.

Retained by the People

Retained by the People refers to the concept in American constitutional law that the people hold rights beyond those explicitly enumerated in the Constitution, as reflected in the Ninth Amendment.

Capacitive Reactance

A measure of a capacitor's opposition to AC (Alternating Current), which decreases with increasing frequency.