What Is Social Loafing

question 274

Multiple Choice

What is social loafing?

• A) the tendency to reduce normal grooming behavior, which is often seen among captive animals, especially primates
• B) a scientist's tendency to reduce productive behavior after receiving an award or recognition
• C) the term used to refer to the typical group behavior of college students during spring break
• D) the tendency for people from individualistic cultures to exert more effort on a task when working alone than when working as part of a group

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Definitions:

Q

Generally denotes quantity in economic and mathematical models, referring to the amount of goods or services.

School of Thought

A particular philosophy or a specific way of thinking that is characteristic of a certain group or period.

Recession

A significant decline in economic activity spread across the economy, lasting more than a few months, typically visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.

Velocity of Money

The rate at which money circulates in the economy, typically measured as the ratio of GDP to the national money supply.