The Question, "If I Get the Job Done, Will I

question 8

Multiple Choice

The question, "If I get the job done, will I really get my reward?" illustrates which aspect of expectancy theory?

• A) valence
• B) effort-to-performance expectancy
• C) performance-to-outcome expectancy
• D) managerial effort

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Definitions:

Demand for Money

The desire to hold cash or easily liquidated financial instruments for transactions, precautionary, or speculative motives.

Opportunity Cost

The cost attributed to the refusal of the immediately lesser appealing option during decision-making.

Target Rate

A target interest rate set by the central bank in a country that guides monetary policy decisions, aiming to control inflation, encourage borrowing, or stabilize the economy.

Inflation

A measure of the rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling.