In Chapter 3, Weick's Expression Sensemaking Is Explained as a Way

question 1

Multiple Choice

In Chapter 3, Weick's expression sensemaking is explained as a way of handling uncertainty in social situations,

• A) decides what has happened, what is happening and what rules apply in various situations through conversations and social agreements
• B) comes to one's senses and shapes up
• C) makes sense with expressions that describe a phenomenon
• D) makes sense of highly uncertain situations
• E) creates organization by eliminating nonsense

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Definitions:

Real Wealth Effect

The change in consumption patterns due to changes in purchasing power, often resulting from price level changes that affect the real value of assets and liabilities.

Aggregate Demand Curve

A graphical representation showing the relationship between the total demand for goods and services in an economy and the overall price level.

Price Level

The average of all current prices for goods and services in an economy, often measured by a price index.

Keynesians

Economists who follow the theories of John Maynard Keynes, emphasizing the role government should play in moderating economic cycles through fiscal and monetary policies.