A Decrease in Aggregate Demand and the Subsequent Cutbacks in Production

question 174

Multiple Choice

A decrease in aggregate demand and the subsequent cutbacks in production lead to

• A) frictional unemployment.
• B) cyclical unemployment.
• C) cost-push unemployment.
• D) structural unemployment.
• E) transitory unemployment.

---

Definitions:

Distributed Leadership

An approach to leadership that involves sharing responsibility among multiple members of an organization rather than centralizing power in a single leader.

Wheel Communication Structure

is a system of information exchange characterized by a central figure through which all communications pass, resembling the spokes of a wheel.

Centralized Communication Network

A communication structure where all decision-making and messaging are concentrated at a central point within the organization.

Freewheeling

Engaging in an activity without restrictions or a fixed plan, allowing for creativity and spontaneity.