The Japanese Experience of the 1990s Shows

question 19

Multiple Choice

The Japanese experience of the 1990s shows:

• A)Monetary policy is always more effective than fiscal policy
• B)Monetary policy always works
• C)Sometimes monetary policy does not work
• D)Central bankers should not try to counter the business cycle

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Definitions:

Natural Work Units

Organizational divisions or groupings that reflect a logical segmentation of work based on process, function, or customer, facilitating team coherence and effectiveness.

Task Identity

The degree to which a job involves completing a whole, identifiable piece of work from start to finish with a visible outcome.

Task Significance

The degree to which a job has a substantial impact on the lives of other people, either in the immediate organization or in the external environment.

Memo Format

A concise and formal way of communication typically used within an organization to inform or instruct employees.