The Increasing Number of Virtual Teams Is Partly Due To

question 171

Multiple Choice

The increasing number of virtual teams is partly due to:

• A) increased preference for employees to work alone rather than interdependently with others.
• B) increased emphasis on business ethics.
• C) increased workforce diversity.
• D) better information technology.
• E) none of these factors explains the increasing number of virtual teams.

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Definitions:

Economy Output

The total value of all goods and services produced by an economy over a specific time period, also known as gross domestic product (GDP).

Equation of Exchange

The Equation of Exchange is an economic identity that relates the supply of money in an economy to the value of goods and services transactions, commonly represented as MV = PQ.

Modern Monetarists

Economists who follow the beliefs of monetarism that emphasize the role of governments in controlling the amount of money in circulation to influence the economy.

Velocity V

The rate at which money circulates in an economy, typically measured as the ratio of nominal GDP to the money supply.