Based on Japan's Experience During the 1990s,which of the Following

question 18

Multiple Choice

Based on Japan's experience during the 1990s,which of the following is most likely to slow the long-term growth of the U.S.?

• A)the restrictive monetary policy of the Fed in 2008 and 2009
• B)the aging of the U.S.population
• C)the lack of stimulus packages designed to increase aggregate demand
• D)the government's policy of maintaining a balanced budget

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Definitions:

Decision-Making

The process of making choices among alternative possible courses of action.

Referent Power

Influence based on the leader's personal traits, where followers identify with or want to emulate the leader.

Coercive Power

A form of authority that relies on the use of threats, punishment, or negative reinforcements to influence others' behavior or compliance.

Legitimate Power

A form of authority derived from a position of power within an organization, granting the ability to make decisions, command resources, and enforce obedience.