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Scenario 14-2
The economy is in long-run equilibrium. Suddenly, due to corporate scandals, a recession experienced by a major trading partner, and the loss of confidence among policymakers, citizens become pessimistic concerning the future. They maintain this level of pessimism for a long time.
-Refer to the Scenario 14-2. Initially, which curve shifts in which direction?
Trust
The confidence or belief in the reliability, truth, ability, or strength of someone or something.
Leader-member Relationship
The dynamic and interaction between a leader and their followers, which can significantly affect performance, motivation, and job satisfaction.
Conscientiousness
A personality trait characterized by diligence, carefulness, and the desire to perform a task well.
Complementary Skill Sets
Diverse abilities and expertise that team members bring to the table, which when combined, enhance team performance and output.
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