The Sacrifice Ratio Is a Measure of the

question 15

Multiple Choice

The sacrifice ratio is a measure of the

• A)number of people unemployed due to disinflation.
• B)loss of real GDP associated with inflation.
• C)the crowding out of investment due to increases in government purchases.
• D)unemployment associated with a recessionary gap.
• E)cumulative loss in real GDP due to a disinflation.

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Definitions:

Force Field Analysis

A tool developed by Kurt Lewin, used to analyze the forces for and against a change, helping in the identification of factors that could be strengthened or reduced to support the achievement of a goal.

Force Field Model

A framework proposed by Kurt Lewin to analyze the factors (forces) that influence the change process, with forces aiding change termed as driving forces and those opposing as restraining forces.

Restraining Forces

Factors that hinder or limit the process of change within an organization or individual's behavior.

Changed Behaviors

Modifications or adjustments in one's actions or reactions as a result of experiences or interventions.