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Discuss and explain what effect a reduction in the marginal propensity to consume has on the size of the multiplier.
Vroom-Jago Leader-Participation Model
An advanced framework that aids in choosing the appropriate level of involvement for team members in decision-making, expanding on the Vroom-Jago methodology.
Consultative Decision
A decision made by a leader after receiving information, advice, or opinions from group members.
Leader Makes Decision
A leadership approach where the leader is the primary decision maker, often with little or no consultation with team members.
Consultative Decisions
involve making choices based on advice and feedback from others, combining individual judgment with collective input.
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