According to the Expectancy Theory, Which of the Following Relationships

question 69

Multiple Choice

According to the expectancy theory, which of the following relationships indicates the degree to which the individual believes that a particular level of output will lead to the attainment of a desired outcome?

• A) performance-reward
• B) effort-performance
• C) rewards-personal goals
• D) effort-satisfaction
• E) performance-achievement

Recognize the role of government in affecting economic variables through fiscal policy.

Identify the fiscal measures to close a recessionary gap.

Understand how fiscal policy influences real GDP and employment.

Understand the mechanisms and effects of fiscal policies on aggregate demand and GDP.

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Definitions:

Cognitive Ability

The capacity of an individual to perform mental processes related to learning and problem solving, including memory, reasoning, understanding, and decision making.

Human Capital

The collective skills, knowledge, or other intangible assets of individuals that can be used to create economic value for the individuals, their employers, or their community.

Intellectual Capital

The collective knowledge, information, intellectual property, and experience that an organization possesses.

Core Self-Evaluations

Personal assessments that involve one's fundamental appraisal of their own abilities, competency, and self-worth.