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Pessimism
Suppose the economy is in long-run equilibrium. Then because of corporate scandal, international tensions, and loss of confidence in policymakers, people become pessimistic regarding the future and retain that level of pessimism for some time.
-Refer to Optimism.Which curve shifts and in which direction?
Team's Purpose
The collective objectives or goals that a group of individuals collaborates to achieve, serving as the driving force behind its actions and decisions.
Team-Building Process
Activities or exercises designed to strengthen relationships and improve cooperation and communication among members of a team.
Evaluate Results
The process of examining outcomes to determine if objectives have been achieved and understanding the effectiveness of actions taken.
High-Performance Teams
Teams characterized by high levels of collaboration, commitment, and productivity, achieving superior results.
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