(Figure: Home Production and Consumption) the Figure Gives Home's International

question 60

Multiple Choice

(Figure: Home Production and Consumption) The figure gives Home's international trading pattern. Point P is production with trade and point C is consumption with trade. How many units of which product does Home export and how many units of which product does it import?

• A) Home exports 60 units of chemicals and imports 20 units of clothing.
• B) Home exports 40 units of chemicals and imports 60 units of clothing.
• C) Home exports 40 units of clothing and imports 20 units of chemicals.
• D) Home exports 20 units of chemicals and imports 40 units of clothing.

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Definitions:

Comparable Worth

The concept that jobs of equal value to an organization should receive equal pay, regardless of the gender or minority status of the job holders.

Valence

The value an individual places on the expected outcome of an action or behavior, which can influence their motivation.

Instrumentality

In the context of motivation theory, the belief that a certain behavior will lead to achieving a desired outcome or reward.

Positive Instrumentalities

The belief that if one performs well, this will lead to valued outcomes or rewards.