Economists Who Are in Favor of Smaller Government Tend to Prefer

question 76

Multiple Choice

Economists who are in favor of smaller government tend to prefer ________________ when expansionary _______________ policy is needed to raise aggregate demand.

• A) tax cuts; fiscal
• B) tax cuts; monetary
• C) more government spending; fiscal
• D) more government spending; monetary

Understand the impact of path-goal theory on leadership style and effectiveness.

Recognize the importance of leadership motivation and the drive in achieving organizational success.

Understand the relevance of servant and transformational leadership theories in organizational contexts.

Understand the basic principles of path-goal theory and its leadership styles.

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Definitions:

Closed Membership

Closed Membership implies a restricted entry system where members are admitted based on certain criteria, and new entries are limited or require special admission processes.

Developmental Stages

refer to the various phases individuals pass through as they grow and mature, each stage characterized by unique physical, cognitive, and emotional development.

Cohesion

The degree to which members of a group are united in pursuing their goals and how well they bond with each other.

Potential Membership

Refers to individuals who are considered or identified as possible candidates for joining a specific group or organization.