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If Inflationary Expectations on the Part of the Public Increase,the

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If inflationary expectations on the part of the public increase,the trade-off between inflation and unemployment becomes worse.


Definitions:

Opportunistic Leader

A leader who capitalizes on circumstances with agility to advance personal or organizational goals.

Management Style

The method and approach a manager uses in administering, supervising, and communicating with employees.

Shifting

Refers to the process of change or movement from one position, state, or phase to another.

Paternalism/Maternalism

Management styles characterized by treating employees as if they were family members, involving guidance and protection but sometimes reducing autonomy.

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