The Open Economy Multiplier Is

question 47

Multiple Choice

The open economy multiplier is:

• A)larger than the simple multiplier because the latter embodies fewer leakages.
• B)larger than the simple multiplier because the latter embodies more leakages.
• C)smaller than the simple multiplier because the latter embodies fewer leakages.
• D)smaller than the simple multiplier because the latter embodies more leakages.

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Definitions:

Hierarchical Structure

An organizational form that arranges jobs and responsibilities in a graded series, with clear lines of authority and command.

Expatriate's Success

The achievement and effectiveness of an individual who lives and works outside their native country in meeting their and the organization's goals.

Strategic Goals

Long-term objectives that an organization aims to achieve, which guide its overall direction and decision-making processes.

Geocentric Staffing Model

A staffing approach used by multinational companies where the best employees, regardless of nationality, are appointed to positions worldwide.