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The Key Element Behind the Factors Used to Explain Power

question 117

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The key element behind the factors used to explain power differences between individuals or groups based on the strategic contingency model is:


Definitions:

Incomes

Regular financial earnings obtained from labor services or investment gains.

U.S. Currency

The official monetary system of the United States, consisting of the dollar and its denominations.

M3

A measure of the total amount of money in circulation within an economy, including cash, deposits, and short-term securities.

John Maynard Keynes

An economist from Britain whose work reshaped both macroeconomic theory and the economic policymaking of governments.

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