-Refer to Exhibit 14-1

question 42

Multiple Choice

-Refer to Exhibit 14-1.A continued increase in the price of oil,combined with Fed attempts to respond to these oil shocks by increasing aggregate demand,is likely to take the economy along which of the following paths?

• A) A-E-B-H-C
• B) A-E-G-I-C
• C) A-D-B-E-A
• D) A-D-B-H-C
• E) A-E-B-I-C

---

Definitions:

Formal Structures

Organized frameworks in businesses and organizations characterized by defined rules, roles, and responsibilities intended to achieve efficiency and goals.

Free-Rein Leaders

Leadership style where authority is delegated to employees, empowering them to make decisions and solve problems independently.

Subordinates

Employees or team members who are lower in rank or position and report to someone higher in the organizational hierarchy.

Communicate

The act or process of sharing or exchanging information, messages, or ideas through speech, writing, visual forms, or other mediums.