Table 5.6 -Refer to Table 5.6.Consider the Above Values of the Consumer

question 56

Multiple Choice

Table 5.6
-Refer to Table 5.6.Consider the above values of the consumer price index for 2015, 2016, and 2017.The inflation rate for 2016 was equal to

• A)1.2 percent.
• B)2.0 percent.
• C)2.5 percent.
• D)4.0 percent.
• E) 5.2 percent.

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Definitions:

Extrinsic Rewards

Benefits provided by the employer or an outside source, which serve as motivation for employees beyond internal satisfaction.

Task Significance

The degree to which a job has a substantial impact on the lives or work of other people either within or outside the organization.

Job Enlargement

A human resource strategy where additional tasks of similar skill level are added to a worker's responsibilities to increase job diversity and employee motivation.

Job Enrichment

Enhancing a job by adding tasks that increase responsibility, autonomy, and opportunities to grow, improving employee satisfaction and performance.