Monetarists Generally Propose That the Government Should

question 43

Multiple Choice

Monetarists generally propose that the government should

• A)use active monetary policy to stabilize the economy since fiscal policy has no credibility
• B)let money supply grow whenever budget deficits increase to keep interest rates low
• C)always lower monetary growth gradually so inflationary expectations have time to adjust
• D)target nominal interest rates rather than real interest rates, since real interest rates are hard to determine
• E)none of the above

Identify the two kinds of change that occur in organizations.

Recognize the factors contributing to individual and organizational resistance to change.

Comprehend the organizational development approach to change.

Distinguish between different approaches to achieve organizational change.

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Definitions:

Corner Points

In linear programming, points at the corner or edge of the feasible region which may contain the optimal solution.

Linear Programming

A mathematical method for determining a way to achieve the best outcome in a given mathematical model for some list of requirements represented as linear relationships.

Sensitivity Analysis

A method used to predict the outcome of a decision under various scenarios by changing one or more variables while keeping others constant.

Variables

Elements, features, or factors that are likely to vary or change; can be quantitative or qualitative in research and statistical analysis.