The Recessions of the 1970s Are Often Attributed to

question 7

Multiple Choice

The recessions of the 1970s are often attributed to

• A)declining inflation expectations.
• B)an increase in oil prices.
• C)declines in the price of stock.
• D)decreases in the money supply.

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Definitions:

Congruence

The state or quality of being in agreement or harmony.

Suggestion Systems

Programs designed to enhance upward communication by soliciting ideas for improved work operations from employees.

Upward Communication

The process by which information or feedback is communicated from lower levels of an organization to its higher levels, often involving feedback or reports from employees to management.

Downward Communication

The flow of information from higher levels of management to subordinate levels within an organization.