The Real GDP of Country X Doubled in 10 Years

question 3

Multiple Choice

The Real GDP of country X doubled in 10 years.It follows that

• A) the per-capita Real GDP doubled during this time,too.
• B) the per-capita Real GDP remained stable during this time.
• C) the per-capita Real GDP fell during this time.
• D) disposable income also doubled during this time.
• E) none of the above

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Definitions:

Potential Reward

A possible benefit or gain that might be obtained as a result of taking a certain risk or engaging in a particular action.

Expectancy Theory

A motivation theory stating that an individual's willingness to exert effort is a function of the expected outcome, the value of that outcome, and the perceived likelihood that effort will lead to desired performance.

Realistic Job Previews

An HR tool that provides prospective employees with a true depiction of what their job would entail, including both positive and negative aspects.

Job Rotation

A human resources strategy where employees are moved between two or more jobs in a planned manner to expose them to different experiences and widen their skills.