Refer to the Scenario Below to Answer the Questions That

question 14

Multiple Choice

Refer to the Scenario below to answer the questions that follow.
A Leadership Junkie (Scenario)
Carrie is an avid student of leadership.She has read all of the latest popular books on leadership and strongly feels that it has improved her ability to manage and perform her job.She is always eager to share her knowledge with her peers and enjoys discussing cutting-edge approaches to leadership and emerging issues such as gender differences and leadership style.
-Carrie met Sondra in the lunchroom and just had to tell her about ________ leadership,where the leaders have a profound effect on followers and inspire them to transcend their own self-interest for the good of the organization.

• A)visionary
• B)transactional
• C)transformational
• D)situational
• E)transcendental

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Definitions:

Real GDP

Gross Domestic Product adjusted for inflation, measuring the value of goods and services produced in a country using constant prices.

Balanced Budget Amendment

A proposed amendment to a government's constitution that requires the annual budget to be balanced, so that expenditures do not exceed revenues.

Crowding-out

is an economic theory suggesting that increased government spending leads to a reduction in private sector spending, potentially due to higher interest rates.

Full Employment

A situation in an economy when all available labor resources are being used in the most efficient way possible, typically characterized by the absence of cyclical unemployment.