Suppose an Economy Experiences an Increase in Productivity

question 48

Multiple Choice

Suppose an economy experiences an increase in productivity.The AD curve will most likely shift to the right when this increase in productivity is the result of which of the following?

• A)a major technological breakthrough
• B)a reorganization of production designed to reduce costs with existing technology
• C)an increase in human capital
• D)government subsidies for higher education
• E)none of the above

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Definitions:

Leadership

Involves influencing and guiding individuals or groups towards the achievement of goals.

Leader-member Exchange

Leader-member exchange is a theory describing the dyadic relationship between leaders and their followers, focusing on how these relationships influence organizational outcomes.

Upward Leadership

The process by which lower-level employees influence the decisions, actions, and behaviors of their superiors to achieve organizational goals.

Leadership

The act of guiding or influencing a group towards achieving a common goal through vision, motivation, and strategic planning.