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Based on the expectancy theory, managers who want to motivate their employees should do which of the following?
Autonomous Consumption
The level of consumption that does not change with fluctuation in income; it is the consumption level when income is zero.
Consumption
The use of goods and services by households, representing one of the primary components of gross domestic product (GDP).
Disposable Income
The aggregate financial resource for households to allocate towards spending and saving after mitigating income taxes.
Induced Consumption
Consumer spending that increases when income increases and decreases when income decreases, other than spending necessary for basic needs.
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