Statement I

question 227

Multiple Choice

Statement I.As consumption rises,induced consumption becomes a larger proportion of consumption.
Statement II.When disposable income is zero,induced consumption is zero.

• A)Statement I is true and statement II is false.
• B)Statement II is true and statement I is false.
• C)Both statements are true.
• D)Both statements are false.

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Definitions:

Leadership Style

The approach or method a leader uses to inspire, influence, and guide the behavior and work of others towards achieving specific goals.

Fiedler's Contingency Model

A leadership theory proposing that effective leadership style depends on the situational context and the leader’s orientation.

Leadership Style

The characteristic manner and approach through which a leader exercises authority, guides and motivates a team, and implements strategies within an organization.

Power

The capacity or ability to direct or influence the behavior of others or the course of events.