The Distributive Justice Model Is Based on the Idea That

question 24

Multiple Choice

The distributive justice model is based on the idea that:

• A) employees prefer keeping salary issues private.
• B) employers pay what employees deserve to receive.
• C) employees make input/output comparisons to their co-workers.
• D) employers will never pay above-market wages unless external equity occurs.

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Definitions:

Base Year

A point of reference year used for comparative purposes, especially in economic indices and statistics.

Laspeyres (Fixed-Weight) Price Index

A method of calculating price changes over time, using the quantities of the base year as weights.

Energy Costs

These are expenses associated with the consumption of energy, including costs for fuel, electricity, natural gas, and other energy sources.

Housing Costs

Expenses related to owning or renting a home, including mortgage payments, rent, utilities, maintenance, and property taxes.