Exploiting a Nonrenewable Natural Resource Is Likely To

question 28

Multiple Choice

Exploiting a nonrenewable natural resource is likely to:

• A) lead to a higher level of income for a country.
• B) lead to a sustainable high rate of growth in income for a country.
• C) create more productive workers in all facets of the economy.
• D) All of these are true.

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Definitions:

Task Variety

The degree to which a job or role involves a range of different activities requiring various skills and talents.

Job Characteristics Model

A theory that proposes that the nature of one's job can affect job satisfaction, and identifies five core job dimensions that can motivate individuals and enhance job satisfaction.

Core Job Characteristics

Fundamental attributes of a job that affect employee motivation and job satisfaction, including skill variety, task identity, task significance, autonomy, and feedback.

Fixed Price

A pricing strategy where the cost of a product or service is not subject to change under any circumstances.