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One Model of the Business Cycle Claims That Volatile Business

question 401

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One model of the business cycle claims that volatile business confidence is the primary factor in starting a business cycle. This model is the


Definitions:

Conformity

involves aligning one's attitudes, beliefs, behaviors, and norms to those of a group or society.

Status

The rank an individual holds within a group.

Creativity

The ability to generate innovative ideas and solve problems in novel ways.

Autocratic

An autocratic leadership style is characterized by individual control over all decisions and little input from group members.

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