-Refer to the Above Figure

question 121

Multiple Choice

-Refer to the above figure. Suppose the natural rate of unemployment is 5 percent. If the government tried to reduce unemployment to 4 percent and keep it there, it must

• A) raise unemployment benefits.
• B) accept a permanent inflation rate of 1 percent.
• C) generate higher and higher inflation rates or else people will adjust their behavior and the unemployment rate will return to 5 percent.
• D) use contractionary fiscal and expansionary monetary policy.

Understand different sources and types of power in leadership.

Differentiate between management and leadership roles in the context of an organization.

Recognize the role of organizational politics in leadership and management.

Identify the zone of indifference and its significance in leadership authority.

---

Definitions:

Unearned

Income or benefits received without a direct exchange of goods or services, such as inheritance, gifts, or subsidies.

Genetic Diversity

The total number of genetic characteristics in the genetic makeup of a species, supporting adaptability and survival.

Racial Populations

Groups of people classified or categorized based on physical characteristics, particularly skin color, that are seen as distinct within a society.

Nonwhite Immigrants

Individuals who migrate from one country to another and are not considered white, often facing distinct social and economic challenges.