Which of the Following Statements About the Australian Federal Budget

question 8

Multiple Choice

Which of the following statements about the Australian federal budget is true?

• A)In 2010, the federal budget was in deficit by $54 billion.
• B)In 1996, the federal budget was in deficit by $5 billion.
• C)In 2007, the federal budget was in surplus by $17 billion.
• D)All of these options are correct.

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Definitions:

Mumford's Skills Model

A leadership model proposed by Michael Mumford and colleagues that emphasizes the importance of skills, including problem-solving, social judgment, and knowledge, for effective leadership.

Ambiguous Tasks

Tasks or assignments that have unclear objectives, paths, or expected outcomes, requiring interpretation and creativity for resolution.

Leadership Styles

The various approaches and methods leaders use to motivate, guide, and manage their teams, such as authoritarian, democratic, and laissez-faire.

Follower's Needs

The requirements or desires of individuals who follow or are led by others, influencing their satisfaction and performance.