Figure 35-6 Use This Graph to Answer the Questions Below

question 98

Multiple Choice

Figure 35-6
Use this graph to answer the questions below.
-Refer to figure 35-6.If the economy starts at 5% unemployment and 5% inflation then if the Federal Reserve pursues a contractionary monetary policy,in the short run the economy moves to

• A) 3% unemployment and 5% inflation.In the long run the economy moves to 5% unemployment and 5% inflation.
• B) 3% unemployment and 5% inflation.In the long run the economy moves to 5% unemployment and 3% inflation.
• C) 7% unemployment and 3% inflation.In the long run the economy moves to 5% unemployment and 5% inflation.
• D) 7% unemployment and 3% inflation.In the long run the economy moves to 5% unemployment and 3% inflation.

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Definitions:

Organization Culture

The shared values, beliefs, and practices that shape the social and psychological environment of a business or organization.

Ingratiation

A psychological technique aimed at making oneself more likable or favorable to others by means of flattery or other forms of manipulation.

Well-deserved Flattery

Genuine praise given to someone based on their actual achievements or qualities.

Rational Persuasion

A method of influencing others through the use of logical arguments and factual evidence.