Standards or principles

a. norms
b. values
c. rules
d. status quo

Ans: b. values

Economics

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When an employee puts in extra time and effort with the hopes of receiving a large bonus, this employee is being motivated by

a. expectancy b. goals setting c. rewards d. benefits

Economics

Specialization in production is important primarily because it:

A. results in greater total output. B. allows society to avoid the coincidence-of-wants problem. C. allows society to trade by barter. D. allows society to have fewer capital goods.

Economics