Which of the Following Is the Main Advantage for Following

question 14

Multiple Choice

Which of the following is the main advantage for following monetary policy rule?

• A)it avoids economic fluctuations arising from the political business cycle.
• B)it is more flexible for dealing with unexpected shocks to the economy.
• C)it helps to build consensus among stakeholders in the economy.
• D)it improves the international competitiveness of the economy.

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Definitions:

Hofstede's Dimensions

A framework for understanding cultural differences along six dimensions: power distance, individualism vs. collectivism, masculinity vs. femininity, uncertainty avoidance, long-term orientation vs. short-term normative orientation, and indulgence vs. restraint.

Mercenary Culture

An organizational culture characterized by a focus on results and efficiency, often at the expense of employee loyalty and long-term commitment.

Making Money

The process of earning a profit or generating income through various means, such as employment, investment, or operating a business.

Networked Cultures

The concept of interconnected cultures through technology, emphasizing the global communication and exchange of ideas facilitated by the internet.