Which of the Following Is Correct

question 147

Multiple Choice

Which of the following is correct?

• A)If nominal income increases,then real income must also increase.
• B)If real income increases,then nominal income must also increase.
• C)Inflation reduces the purchasing power of the dollar but increases real income.
• D)If nominal income increases,then real income may either increase or decrease.
• E)Inflation increases the purchasing power of the dollar but reduces real income.

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Definitions:

Core Characteristics Model

A framework that identifies key job characteristics that can affect employee motivation and satisfaction, including task significance, skill variety, and autonomy.

Job Enrichment

A method to motivate employees by giving them more responsibilities and variety in their jobs, thereby increasing their satisfaction and performance.

Practicing Managers

Individuals who are actively engaged in managing a team, project, or organization, and are responsible for making decisions and guiding the actions of others to achieve objectives.

Expectancy Theory

A motivational theory positing that individuals are motivated to act in certain ways based on their expectations of future outcomes and the attractiveness of those outcomes.