The Great Depression of the 1930s, with a Large Number

question 212

Multiple Choice

The Great Depression of the 1930s, with a large number of workers and factories unemployed, would be represented in a production possibilities frontier by

• A)a point inside the frontier.
• B)a point outside the frontier.
• C)a point on the frontier.
• D)an intercept on either the vertical or the horizontal axis.

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Definitions:

High-Performance

Describes systems, organizations, teams, or individuals that achieve superior results relative to their goals and resources.

Contingency Planning

The process of developing responses in advance for various possible emergencies, crises, or unexpected conditions.

Manage Risk

The process of identifying, assessing, and controlling threats to an organization's capital and earnings.

Initiating Structure

A leadership behavior that involves the organization and definition of work tasks, establishing clear patterns of organization, communication, and ways of getting tasks done.