Expectancy Is

question 28

Multiple Choice

Expectancy is

• A) The perceived likelihood that performance will be followed by a particular outcome.
• B) The value that expected outcomes hold for the person contemplating them.
• C) Any consequence resulting from performance.
• D) The perceived likelihood that employees' efforts will enable them to attain their performance goals.
• E) Indirectly correlated with motivation.

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Definitions:

GDP

Gross Domestic Product (GDP) measures the total value of all goods and services produced within a country's borders in a specific time period, serving as a broad indicator of its economic performance.

Net Exports

The value of a country's total exports minus its total imports.

Balance Trade Deficit

A situation where the value of a country's imports exceeds the value of its exports, leading to a negative balance of trade.

Consumption

The use of goods and services by households. It includes expenditures on goods and services, except for purchases of new housing.