It should be noted that in a situation where the Fed sells <u>securities</u>, it's employing the<u> contractionary fiscal policy</u>.
A contractionary fiscal policy is used when the gross domestic product is growing too fast. It uses to curb inflation.
Contractionary monetary policy leads to a decrease in the money supply in the economy and causes interest rates to rise. This decreases expenditure activities.
Consequently, demand decreases in the short run causing a reduction in the real GDP.
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Answer:
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Answer:
B) technological changes.
Explanation:
Structural unemployment is an unemployment resulting from the change in reorganization or technological change. This makes labor's skills do not match to industrial needs. For example, introducing automation or AI to do routine tasks makes abundant workers get out of their jobs.
Answer:
False
Explanation:
Schumpeter is the father of entrepreneurship because he developed the term and specially entrepreneurial spirit or "Unternehmergeist". He believed that entrepreneurs were responsible for economic progress and really gave a lot of credit to the small business. But his theory on entrepreneurship was not based on marketing or financial planning, but on disruptive technologies. He would have probably enjoyed meeting Steve Jobs and others.
The correct answer is (c) lower levels of internal competition
Transformational leadership can be defined as a leadership approach that causes a change in individual and its social systems. Its main goal is to change an individual in a positive way so that it changes a follower into a leader. The competition at lower levels will increase if an individual will become leader from a follower. If there will be lower levels of internal competition, this is not positively associated with transformational leadership.