If 2011 Is the Base Year,the Bundle Price of Goods

question 31

Multiple Choice

If 2011 is the base year,the bundle price of goods in 2011 is $500,and the bundle price of goods in 2012 is $700,the 2012 price index is

• A)140.0.
• B)128.6.
• C)71.4.
• D)60.0.

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Definitions:

Employees' Commitment

The level of enthusiasm and dedication an employee has towards their job and company.

Organizational Goals

Objectives or targets that an organization aims to achieve, which guide its operational and strategic planning.

Reinforcement Theory

A theory in psychology that suggests behavior is motivated by its consequences, with reinforcements used to either increase or decrease the likelihood of a behavior’s occurrence.

Motivate Employees

The process of encouraging and inspiring workers to improve their performance or to achieve specific goals through various strategies and incentives.