-If the Economy Was Producing at Point D and Moved

question 20

Multiple Choice

-If the economy was producing at point D and moved to point C

• A)the unemployment rate would increase.
• B)the unemployment rate would decrease.
• C)the production possibilities frontier would shift outward.
• D)the production possibilities frontier would shift inwarD.
• E)None of these choices are truE.

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Definitions:

Hyper-Turbulent

Hyper-Turbulent describes situations or environments characterized by extremely high levels of change, unpredictability, and complexity.

Seamless Change

A method of implementing change in an organization in a way that minimizes disruptions and appears smooth and effortless to those involved.

Unfreezing

The recognition that some current state of affairs is unsatisfactory.

Organizational Change

A term referring to any alteration in the structure, operations, or culture of an entity that affects the way it conducts business.