Consider the Following Scenario

question 148

Multiple Choice

Consider the following scenario. Inflation in Argentina pushes the price of Argentine wine up 25%. Inflation in the United States pushes the price of California wine up 10%. If the exchange rate remains constant, the U.S. demand for wine from Argentina

• A) decreases.
• B) increases.
• C) remains constant.
• D) California wine is better than Argentine wine, so there never is a U.S. demand for wine from Argentina.

---

Definitions:

Positive Organizational Behavior

A study of positive outcomes, processes, and attributes of organizations and their members, that leads to improved workplace performance and employee well-being.

Worker Performance

The efficiency and effectiveness with which an employee performs their job duties and responsibilities.

Competencies

Skills and abilities that enable an individual to perform a particular task or job effectively.

Paradigm Shift

A fundamental change in approach or underlying assumptions in a scientific discipline or other field of study.