Ending the "Great Inflation" Era in the 1970s Is an Example

question 11

Multiple Choice

Ending the "Great Inflation" era in the 1970s is an example of

• A)inflation targeting.
• B)exchange rate targeting.
• C)central bank independence.
• D)appointment of a more conservative central banker.
• E)all of the above.

Understand the importance of maintaining goodwill and a positive image during negative communication.

Grasp the concept of effectively delivering bad news within an organization.

Recognize when and how to appropriately use a buffer in negative messages.

Understand the structure and components of effective negative messages.

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Definitions:

Unconditioned Response

A natural, automatic action or feeling that occurs in response to a stimulus without prior learning or conditioning.

Punisher

An entity or stimulus that decreases the likelihood of a behavior recurring by administering an adverse response or outcome.

Negative Reinforcer

A stimulus whose removal after a behavior increases the likelihood of that behavior occurring again in the future.

Shaping

A technique in behavioral psychology involving the successive reinforcement of behaviors that approximate the desired behavior.