Greater Income Equality That Is Achieved Through the Redistribution of Income

question 165

Multiple Choice

Greater income equality that is achieved through the redistribution of income is thought to

• A) stimulate innovation and entrepreneurship.
• B) promote economic efficiency in the economy.
• C) increase incentives to work, save, and invest in the economy.
• D) come at the opportunity cost of reduced production and income.

Understand the role of organizational measures, such as employee assistance programs, in mitigating stress.

Acknowledge the importance of procedural and distributive justice in organizational settings to reduce stress.

Describe the stages of the general adaptation syndrome and its relevance to stress.

Know the benefits of having realistic job expectations on stress levels and job satisfaction.

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Definitions:

Union Representative

An individual elected or appointed to represent and defend the interests of union members.

Laid Off

The temporary or permanent dismissal of employees from their job due to business-related reasons like cost-cutting or downsizing.

Illegal Strike

A work stoppage by a group of workers that is not authorized by the relevant labor laws or violates a binding labor agreement.

Union Shop

A workplace where employees are not required to join the union in order to be hired, but must join within a certain period of being employed and remain members as a condition of employment.