With Regard to the Motivation of Those Under Them,managers

question 34

Multiple Choice

With regard to the motivation of those under them,managers:

• A)Can predict accurately what will appeal to their employees.
• B)Mangers most frequently rank job security as being most important to employees.
• C)Often don't know what is the most important to their employees.
• D)Managers rank promotion as the number factor motivating their employees.
• E)None of these.

Distinguish between the perspectives of supply-side economics, rational expectations theory, and new classical economics on the role of government in the economy.

Understand the principles of rational expectations theory and its criticisms.

Know the macroeconomic policies implemented during the Great Recession and their effects.

Identify the differing views of economic schools of thought on government intervention during economic downturns.

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Definitions:

Moving To Opportunity

A research initiative in the United States investigating the effects of offering families from high-poverty communities the chance to move to areas with lower poverty levels.

Housing Vouchers

Government-funded coupons that allow low-income families to rent housing in the private market at an affordable cost.

High-Poverty

refers to areas or populations experiencing widespread economic hardship, where a significant portion of the community lives below the poverty line.

Correlation

A statistical measure that describes the extent to which two variables change together, but does not necessarily imply causation.