Table 12-28 -Refer to Table 12-28

question 255

Multiple Choice

Table 12-28
$\begin{array}{|l|c|} \hline & \begin{array}{c}\text { Billions of } \\\text { Dollars }\end{array} \\\hline \text { GDP } & \$ 5,250 \\\hline \text { Transfer Payments } & 50 \\\hline \text { Retained earnings } & 700 \\\hline \text { Depreciation } & 1,250 \\\hline\end{array}$
-Refer to Table 12-28.Based on the table above,what is national income for this economy?

• A) $4,700 billion
• B) $4,000 billion
• C) $3,150 billion
• D) $2,450 billion

---

Definitions:

External Inequity

A condition where employees perceive that their compensation is not fair compared to what people in similar positions in other organizations are earning.

Incentives

Motivators, often financial in nature, designed to encourage employees to achieve greater levels of performance or reach specific objectives.

Overpaying

The act of compensating an employee or vendor more than the market rate or value for their services, work, or product.

Job Evaluation

Is a method for determining the relative value or worth of a job to the organization so that individuals who perform that job can be compensated adequately and appropriately.