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In Figure 9.8,if full-employment income is produced at $400 billion,which of the following can prevent a recession?
Employee Empowerment
Practices that give employees more autonomy, responsibility, and authority over their work, aiming to increase engagement and productivity.
Centralized Structures
Organizational designs where decision-making authority is consolidated at the top levels of management, leading to a hierarchy of control and limited autonomy lower down.
Decentralized
Refers to the distribution of decision-making powers away from a central authority, allowing for greater input and autonomy at the local or divisional levels.
Divisional Structures
An organizational framework where the entity is divided into semi-autonomous units or divisions, each responsible for a particular business function or geographic area.
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