Identify the Definition of Legitimate Power from the Following

question 136

Multiple Choice

Identify the definition of legitimate power from the following.

• A) It is the capacity to influence other people using specialized knowledge.
• B) It is the capacity to influence other people by personally identifying with them.
• C) It is the capacity to offer something of value as a means of influencing other people.
• D) It is the capacity to punish or withhold positive outcomes as a means of influencing other people.
• E) It is the capacity to influence other people by virtue of formal authority, or the rights of office.

---

Definitions:

Chain-Weighted System

An inflation measure that adjusts the weights from year to year in calculating a price index, thereby reducing the bias caused by a fixed-price weighting system.

Nominal Gross Domestic Product (GDP)

The market value of all goods and services produced within a country in a given period, measured without adjusting for inflation.

Real GDP

The total value of all goods and services produced by a country in a year, adjusted for inflation, making it a measure of economic output that accounts for changes in the price level.

GDP Price Index

An indicator reflecting the variation in costs for all newly produced domestic final goods and services within an economy.