What Would Be the Effect of a Decrease in the Real

question 18

Multiple Choice

What would be the effect of a decrease in the real interest rate and an increase in the expected inflation rate?

• A) Both changes would decrease aggregate demand.
• B) Both changes would increase aggregate demand.
• C) Both changes would increase short-run aggregate supply.
• D) Both changes would increase long-run aggregate supply.

Identify the limitations and potential drawbacks of implementing generic change programs without careful problem diagnosis.

Distinguish between role-centered and attitude-centered approaches to organizational change and evaluate their effectiveness.

Describe and understand Lewin's stages in the change process.

Acknowledge the commonality of resistance to change within organizations.