Modern Monetarists Believe That

question 91

Multiple Choice

Modern monetarists believe that

• A)the market system is inherently self-stabilizing.
• B)the market system may be in equilibrium below full employment.
• C)in the long run,increases in the money supply translate into proportionally higher levels of real income.
• D)increases in government expenditures will drive a depressed economy rapidly toward full employment.
• E)discretionary policy is preferable to policy rules.

Understand the different sources of work-related stress including role ambiguity, role conflict, and environmental factors.

Recognize the personal and organizational impacts of stress, including health risks and productivity concerns.

Identify characteristics of Type A and Type B personalities and how these traits influence stress and health.

Understand the concepts of role overload and underload as stressors in the workplace.

---

Definitions:

Output

The amount of goods or services produced by a person, machine, factory, or entire economy in a certain period.

Returns To Scale

A concept in economics that describes how the output of a production process changes as the scale of production inputs changes.

Production Function

A mathematical model that describes the relationship between inputs used in production and the resultant output.

Isoquant

An isoquant is a curve depicting all combinations of inputs which produce the same level of output, used in the study of production theory.