Refer to the Information Provided in Figure 11

question 216

Multiple Choice

Refer to the information provided in Figure 11.8 below to answer the questions that follow. Figure 11.8
-Refer to Figure 11.8. If the economy is at Point A currently producing Y₀ and the Z factors decrease, the economy will move to Point ________ in the short run and to Point ________ in the long run.

• A) B; C
• B) D; E
• C) E; D
• D) C; B

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Definitions:

Internal Environment

The internal and external influences, including conditions, entities, events, and factors, that impact the actions and decisions of an organization.

Instrumentality

A theory that people will be motivated to perform if they believe that their efforts will lead to good performance and ultimately, to desired rewards.

Outcome

The result or effect of an action, situation, or event.

Valence

The perceived value or desirability of a reward to an individual, which can motivate behavior.