If Aggregate Output Is Below the Natural Rate Level,advocates of Nondiscretionary

question 1

Multiple Choice

If aggregate output is below the natural rate level,advocates of nondiscretionary policy would recommend that the government

• A)do nothing.
• B)try to eliminate the high unemployment by attempting to shift the aggregate supply curve to the right.
• C)try to eliminate the high unemployment by attempting to shift the aggregate demand curve to the right.
• D)try to eliminate the high unemployment by attempting to shift the aggregate demand curve to the left.

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Definitions:

Performance

The act of carrying out or accomplishing tasks, measured against preset known standards of accuracy, completeness, and speed.

Rewards

Benefits, compensation, or other forms of recognition provided to individuals or groups for their performance and achievements.

Reward Power

The ability of an individual to influence the actions of others by offering or withholding rewards.

Jay Conger

A management theorist known for his work on leadership, influence, and negotiation within organizational settings.