Which of the following is NOT a contingency theory of leadership?
a. path-goal model
b. life cycle model
c. vroom-yetton model
d. erg model
Ans: d. erg model
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The relationship between consumption and disposable income is such that as
A. consumption rises, disposable income falls. B. disposable income rises, consumption rises. C. disposable income rises, consumption falls. D. disposable income rises, saving falls.
Other things the same, if the U.S. real exchange rate appreciates, U.S. net exports
a. increase and U.S. net capital outflow decreases. b. decrease and U.S. net capital outflow increases. c. and U.S. net capital outflow both increase. d. and U.S. net capital outflow both decrease.
Based on the graph showing a reduction in the growth of the money supply, real wages initially rise because the decrease in inflation rate is ______.
a. too small
b. too slow
c. expected
d. unanticipated
Excludability matters because it:
A. creates a perceived scarcity that causes buyers to have an inelastic demand for the good. B. creates a perceived scarcity that allows the seller to keep the price artificially high. C. allows owners to set an enforceable price on a good. D. allows consumers to control the price of a good.