Who Asserted That "The Federal Reserve's Job Is to Take

question 24

Multiple Choice

Who asserted that "the Federal Reserve's job is to take away the punch bowl just as the party gets going?"

• A)president George W.Bush
• B)president John F.Kennedy
• C)economist John Maynard Keynes
• D)former chairman of the Federal Reserve System William McChesney Martin

Comprehend the process and impact of personal and social identification in leader-follower relations.

Recognize the ethics and potential justifications for subordinating member needs to organizational missions.

Understand the conditions under which charisma can enhance leader effectiveness and follower motivation.

Recognize the potential adverse effects of charismatic leadership on follower behaviors and organizational outcomes.

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Definitions:

Spontaneous Recovery

The reappearance of a previously extinguished conditioned response after a pause.

Learned Response

A response that has been acquired through conditioning or learning, as opposed to being innate.

Partial Reinforcement

A conditioning method where a reward is not administered every time the desired behavior is performed, making the response more resistant to extinction.

Continuous Reinforcement

A method of learning in which every correct response is followed by a reward, facilitating the acquisition of a desired behavior.