Examlex
In general, which statement BEST summarizes research on leader behaviors?
Endogenous Factors
Internal factors that originate within an economic system or model and determine its behavior and state.
Exogenous Factors
External influences that can cause changes in an economic system, outside of the system’s control.
Price Shock Theory
A theory suggesting that sudden and unexpected changes in prices (typically upwards) can have significant adverse effects on an economy.
Business Cycle
The economic cycle of expansion and contraction that occurs within an economy.
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