A Country's Actual Output ________ Its Potential Output

question 25

Multiple Choice

A country's actual output ________ its potential output.

• A)can never exceed
• B)can never fall below
• C)can only temporarily exceed
• D)is always be approximately equal to

---

Definitions:

Management by Objectives

A management model that involves setting specific, measurable objectives that are agreed upon by both management and employees.

Goal-setting System

A structured approach to identifying and planning how to achieve personal or organizational objectives.

Operant Conditioning

An educational method where the intensity of an action is altered through either rewards or penalties.

Expectancy Theory

A theory suggesting that the motivation of an individual is affected by the belief in the effectiveness of their effort, the value of the rewards associated with success, and the likelihood that their effort will lead to desired outcomes.