_____ Is Defined as the Perceived Fairness of the Decision

question 63

Multiple Choice

_____ is defined as the perceived fairness of the decision maker's behavior in the process of decision making.

• A)Interactional justice
• B)Positive inequity
• C)Negative inequity
• D)Procedural justice
• E)Distributive justice

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Definitions:

Deficit Spending

The practice of spending more money than is received in revenue, typically referring to government spending that exceeds its receipts.

Opportunity Cost

The expense incurred by not selecting the second best choice while making a decision or opting among alternatives.

Debt Default

The failure to meet the legal obligations of a loan, such as not making scheduled payments on time.

U.S. Federal Budget

The government's estimate of revenue and spending for a fiscal year that is proposed by the President and approved by Congress.