A Good Example of a Policy to Increase an Economy's

question 18

Multiple Choice

A good example of a policy to increase an economy's saving rate is ________.

• A)to reduce poverty
• B)to increase the economic growth rate
• C)to increase government spending
• D)to reduce interest rates
• E)to increase sales taxes

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Definitions:

Expectancy Theory

A motivation theory which suggests that an individual's behavior is determined by their expected outcomes and the attractiveness of those outcomes.

Barry Staw

A renowned organizational psychologist known for his work on concepts such as organizational commitment and the escalation of commitment.

Effective Climate

A work or organizational environment that enhances performance and wellbeing among its members.

Organization

An entity comprising multiple people, such as an institution or an association, that has a collective goal and is linked to an external environment.