Which of the Following Statements Regarding the Positive and Negative

question 106

Multiple Choice

Which of the following statements regarding the positive and negative consequences of power is INCORRECT?

• A)Individuals are often quick to question the actions of those in power.
• B)Powerful CEOs can align an organization to achieve goals.
• C)The adage,"Power corrupts and absolute power corrupts absolutely" seems to have some merit.
• D)Power can corrupt and lead to the destruction of companies.

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Definitions:

1930s

refers to the decade known for the Great Depression, a severe worldwide economic downturn that lasted from 1929 to 1939.

Economic Behaviorists

Scholars or researchers who study how psychological and emotional factors affect the economic decisions of individuals or institutions.

Supply Side Economists

Economists who believe in the effectiveness of policies that focus on boosting output and economic growth by increasing the supply of goods and services, often through tax cuts and deregulation.

Classical Economists

Economists from the 18th and 19th centuries who focused on the idea that free markets regulate themselves through the laws of supply and demand.