Refer to the Following Figure When Answering the Following Questions

question 65

Multiple Choice

Refer to the following figure when answering the following questions.
Figure 14.2: IS-MP Curve
-Consider Figure 14.2. Starting from the long-run equilibrium, the burst of the housing bubble and the appropriate Fed response, with a large, positive financial friction, can be shown as a movement from point ________ to point ________, and the economy is in ________.

• A) d; b; its long-run equilibrium
• B) b; a; an expansion
• C) d; f; a recession
• D) d; c; its long-run equilibrium
• E) e; f; a recession

Comprehend the effects of productivity improvement strategies on employee perceptions and organizational turnover.

Understand the basic principles of business process reengineering.

Recognize the impact of motivation on employee attendance and productivity.

Identify strategies for regulating departmental work flow to maximize efficiency.

---

Definitions:

Repression

A defense mechanism where undesirable thoughts, memories, or desires are unconsciously blocked from conscious awareness.

Distressing Thoughts

Intrusive and upsetting thoughts that can cause significant emotional discomfort or anxiety.

Unconscious

The segment of the mind that remains beyond the reach of conscious awareness yet influences actions and feelings.

Rationalisation

A defense mechanism in which controversial behaviors or feelings are justified and explained in a seemingly rational or logical manner to avoid the true explanation.