A Passive Approach to Economic Policy Calls for the Government

question 174

Multiple Choice

A passive approach to economic policy calls for the government to do nothing to offset unemployment because of

• A)a lack of any real concern for those who have no jobs
• B)a conviction that unemployment is relatively harmless
• C)a belief that active economic policy is likely to be either ineffective or harmful
• D)a desire to await further economic data before intervening
• E)belief in the law of diminishing returns

---

Definitions:

People-centered Practices

Organizational strategies and policies that emphasize the importance of human resources, employee well-being, and fostering a positive work environment.

Jeffrey Pfeffer

is a prominent professor and author in the field of organizational behavior, known for his work on power and business strategy.

Employee Turnover

The rate at which employees leave a company and are replaced by new personnel, often used as an indicator of workplace satisfaction and stability.

Project Oxygen

An initiative by Google to determine what makes a manager effective, identifying key traits and behaviors that drive performance.