_____ Is Perceived in Comparisons in Which Another Person Receives

question 72

Multiple Choice

_____ is perceived in comparisons in which another person receives lesser outcomes for similar inputs.

• A)Negative inequity
• B)Positive inequity
• C)Equity
• D)Fairness perception
• E)Distributive justice

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Definitions:

Money Multiplier

A factor that quantifies the amount of additional money that can be created in a bank's lending process for a given amount of reserves.

Excess Reserves

Excess reserves are the capital reserves held by a bank or financial institution in excess of what is required by regulators, central bank, or other financial authority.

Opportunity Cost

Missing out on potential opportunities from different choices when opting for a single alternative.

Holding Money

The act of keeping money in cash or in very liquid assets to facilitate transactions or as a precaution against uncertainties.