The _____ States That If High Performance Is Followed by Some

question 70

Short Answer

The _____ states that if high performance is followed by some reward, then it is more likely that the desired behavior will occur in the future.

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Definitions:

Marginal Propensity

Marginal propensity measures the change in an economic agent's consumption or saving habits in response to a change in income, often used to analyze consumer behavior.

Disposable Income

The net amount households have to save and spend after factoring in income taxes.

Consumption Spending

The total amount of money spent by households and individuals on goods and services within a specific time period.

Marginal Propensity

A measure of how much an individual's consumption changes with a change in income.