A High Rate of Inflation Is Likely to Cause a

question 228

Multiple Choice

A high rate of inflation is likely to cause a

• A) high nominal interest rate.
• B) low nominal interest rate.
• C) low rate of growth of nominal GDP.
• D) decrease in nominal wages.

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Definitions:

Organizational Artifacts

Physical and symbolic items that represent the culture, values, and practices of an organization.

Organizational Culture

The set of shared beliefs, values, norms, and practices that shapes the social and psychological environment of an organization.

Cultural Strength

The degree to which shared values, beliefs, and norms contribute to the social and psychological well-being of an organization.

External Environment

The conditions, entities, events, and factors surrounding an organization that influence its activities and choices but are beyond its control.