Figure 16-2 -Refer to Figure 16-2.In the Graph Above,if the Economy Is

question 212

Multiple Choice

Figure 16-2
-Refer to Figure 16-2.In the graph above,if the economy is at point A,an appropriate fiscal policy by the Congress and the president would be to

• A)decrease the required reserve ratio.
• B)sell government securities.
• C)increase government expenditures.
• D)decrease transfer payments.

Differentiate between intrinsic and extrinsic factors influencing employee motivation according to Herzberg's two-factor theory.

Recognize the implications of McGregor's Theory X and Theory Y on employee motivation.

Explain the strategies for restoring equity as per Adams' theory of inequity.

Distinguish between various types of involvement based on the notion of social exchange in organizational settings.

---

Definitions:

Humanizing Impact

The effect of making something more humane or considerate towards human welfare and dignity.

Lochner V. New York

A landmark U.S. Supreme Court case in 1905 that struck down a New York law setting limits on working hours, marking a significant moment in the relationship between labor laws and governmental regulation.

Fourteenth Amendment

An amendment to the U.S. Constitution, adopted in 1868, granting citizenship to all persons born or naturalized in the United States and guaranteeing all citizens equal protection of the laws.

Government Interference

Actions by government bodies that affect the operations of businesses, organizations, or individual freedoms, often viewed negatively by those who advocate for minimal governmental involvement.