In Equity Theory,what Is the Term for Others with Whom

question 51

Multiple Choice

In equity theory,what is the term for others with whom people compare themselves to determine whether they have been treated fairly?

• A)liaisons  
• B)valence bearers  
• C)mentors  
• D)referents

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Definitions:

Labor

Human effort, both physical and mental, used in the production of goods and services.

Production Possibilities

The various combinations of goods and services that can be produced from a fixed set of resources.

Circular-Flow Diagram

An economic model depicting how money, goods, and services move through an economy between households and firms.

Economy

An organized system of production, distribution, and consumption of goods and services within a specific geographical area, involving various agents and market forces.