Which of the Following Is Likely to Occur If OPEC

question 137

Multiple Choice

Which of the following is likely to occur if OPEC increases the amount of oil it supplies and domestic energy prices fall,ceteris paribus?

• A) Aggregate supply will decrease or shift to the left.
• B) Aggregate supply will increase or shift to the right.
• C) Aggregate demand will increase or shift to the right.
• D) Aggregate demand will decrease or shift to the left.

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Definitions:

Self-leadership

This concept refers to the process of influencing oneself to establish the self-direction and self-motivation needed to perform or achieve certain goals.

Experienced Meaningfulness

The feeling employees have of their work being valuable and making a significant impact, contributing to job satisfaction and performance.

Self-determination

A theory emphasizing the role of autonomy, competence, and relatedness in fostering intrinsic motivation and psychological growth.

Empowerment

The process of giving employees autonomy, resources, and capabilities to make decisions and contribute to organizational success.