Friedman Favored

question 244

Multiple Choice

Friedman favored:

• A) activist monetary policy to stabilize the economy.
• B) activist fiscal policy coupled with a neutral monetary policy.
• C) a monetary policy rule.
• D) interest rate targeting.

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Definitions:

Charismatic Leadership

A leadership style characterized by an individual's ability to inspire and motivate followers through their charm, persuasiveness, and compelling vision.

Organizational Citizenship Behaviour

Voluntary actions performed by employees that contribute to the overall positive functioning and environment of an organization beyond their formal job requirements.

Follower Satisfaction

The level of happiness and contentment that followers or subordinates feel regarding their leadership's direction and actions.

Transactional Leadership

A leadership style focused on the exchange between leaders and followers, where achievement of specific tasks leads to rewards or punishments.