According to a Central Theory in Macroeconomics

question 110

Multiple Choice

According to a central theory in macroeconomics:

• A) GDP will always increase over time.
• B) the change in prices as measured by the CPI always matches the change in the price level as measured by the PPI.
• C) wages naturally change to offset changes in the price level.
• D) changes in the economy can always be predicted with models.

---

Definitions:

Resistance To Change

Refers to the opposition or reluctance of individuals or groups to alter their behaviors, processes, or structures.

Fostering Change

The act of encouraging or promoting adaptations or transformations within an organization, community, or individual's behavior and practices.

Employee Empowerment

A management philosophy that emphasizes giving employees the autonomy, resources, and skills to make decisions within their areas of responsibility.

Involvement Programs

Initiatives designed to engage employees in decision-making processes and to increase their input and commitment to the organization.