If Policy Makers Do Nothing in Response to a Recessionary

question 103

Multiple Choice

If policy makers do nothing in response to a recessionary gap, what will happen?

• A)a rapid movement toward lower unemployment and higher inflation 
• B)a rapid movement toward lower unemployment and lower inflation 
• C)a slow movement toward lower unemployment and higher inflation 
• D)a slow movement toward lower unemployment and lower inflation

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Definitions:

Empowering Leadership

A leadership style that emphasizes the delegation of authority, encouragement of autonomy, and development of confidence and skills among team members.

Bass's Transactional Leadership

A leadership model that focuses on the reciprocal transactions between leaders and followers, emphasizing rewards and punishments.

Achievement-oriented Leadership

A leadership style focused on setting challenging goals and encouraging high performance from team members.

Charismatic Leadership

A leadership style characterized by an individual's ability to inspire and motivate followers through their charm, persuasiveness, and personal appeal.