Effective Followers

question 46

Multiple Choice

Effective followers:

• A) are passive and uncritical by nature.
• B) presume that a leader will provide them with security, permission to act, or personal growth.
• C) initiate opportunities through which they can achieve personal fulfillment.
• D) try to avoid risk or conflict.

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Definitions:

Government Purchases

Expenditures by the government sector for goods and services that it intends to consume or invest in as part of its economic activities.

Stabilize Output

Involves government or central bank interventions to minimize fluctuations in a country's economic production or GDP over the business cycle.

Aggregate Demand

The total demand for all goods and services within an economy at various price levels, in a given time period.

Automatic Stabilizer

Economic policies and programs, such as unemployment benefits and taxation, that automatically adjust to counteract economic fluctuations without direct intervention by policymakers.