GA Wind Farm in Iowa Buys a Large Turbine Generator

question 93

Multiple Choice

GA wind farm in Iowa buys a large turbine generator from a Swedish-owned factory located in Connecticut that uses workers who live in Connecticut.As a result,

• A)U.S.investment,GDP,and GNP all increase by the same amount.
• B)U.S.investment increases,but GDP and GNP are unaffected by the purchase.
• C)U.S.investment and GDP increase by the same amount,but U.S.GNP increases by a smaller amount.
• D)U.S.investment and GNP increase by the same amount,but U.S.GDP increases by a smaller amount.

Understand the applications of motivation theories in organizational settings and management practices.

Recognize the role of interpersonal relationships and individual differences in motivation.

Analyze the practicality and limitations of motivation theories in improving organizational performance.

Understand the different perspectives and theories on the relationship between organizational culture and performance.

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Definitions:

Surplus I

A situation where the quantity of a good or service supplied exceeds the quantity demanded, often leading to a price decrease.

Consumer Surplus

The disparity between consumers' theoretical expenditure on a good or service and their practical expenditure.

Total Surplus

The sum of consumer surplus and producer surplus, indicating the total benefits received by both producers and consumers in a market.

Equilibrium Price

The trading value at which the supply of goods meets the consumers' demand for these goods.