Answer: Option (A) is correct.
Explanation:
Given that,
Money supply increases (M) = 12 percent
Velocity decreases (V) = 4 percent
Price level increases (P) = 5 percent
Real GDP (Y) = ?
According to the quantity theory of money,
Percent Change in M + Percent Change in V = Percent Change in P + Percent Change in Y
12% - 4% = 5% + Percent Change in Y
Percent Change in Y = 8% - 5%
= 3%
Therefore, change in real GDP must be 3%.
Credit card (Digital) and (physical) Which is with cash
Answer:
As Veronica is non-cooperative that means she doesn't care for the team so In this scenario, Veronica has a task-oriented leadership style.
Explanation:
Relationship-Oriented Leadership:
Such leadership style in which the leaders focus more on the team especially for the motivations of members of his team and their well being. As Veronica doesn't show positive attitude towards the team so she doesn't has this style.
Country Club Leadership:
In this leadership style, leaders are more concerned about the happiness of their teams rather than results as they believe if their team mates are satisfied then they can achieve their goals in an efficient way.
Task-Oriented Leadership:
In this leadership style, leadership are focusing on the task and goals rather than their team members (creativity, motivation and well being of team members) like in our scenario Veronica has task oriented leadership.
Team Management:
It is defined as the quality of an individual or an organization to manage their team members in order to work efficiently to achieve their set goals. It involves the coordination and communication of all the team members and results in the alleviation of conflicts and strong bonding of team.
In this scenario, Roger's behaviour would best be classified as an elaborator.
While working in a group each individual contributes in their own ways.
Benne and Sheats defined roles in a group and classified them in three categories. These categories are
1. Task roles : relate to actually achieving the task goals.
2. Personal Roles : relate to the interpersonal relationships between team members. A highly qualified team, when all team members with a high ego will not be able to achieve the desired goal within the deadline.
3.Dysfunctional Roles: do not contribute in any way to a group. They are only interested in serving their own interests and more often than not, are responsible for disruptions and discord within the group.
The right combination of various roles in a group goes a long way in achieving a goal.
The Elaborator is a task role. The Elaborator takes up an idea and gives his views on how that idea might turn out if it is implemented in the given suggestion.
