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At each value of the domestic interest rate, decreases in the riskiness of domestic assets ________ capital inflows, ________ capital outflows, and ________ net capital inflows.
Referent Power
A form of influence based on personal traits and relationships rather than formal authority, where followers identify with, like, or respect the leader.
Strategic Vision
A clear and aspirational view of the future state that an organization or individual aims to achieve.
Transformational Leadership
A style of leadership where a leader works with teams to identify needed change, creating a vision to guide the change through inspiration, and executing the change in tandem with committed members of a group.
Empowered Followers
Followers who are given authority, resources, and confidence by their leaders to make decisions and take actions.
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