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John accepted his position as the patient accounts manager seven months ago at S

ignal Hospital and has been very successful. John recently was approved to hire
an assistant. Several outstanding patient account representatives in-house were
qualified for the position. However, John decided to recruit outside of the orga
nization and was successful in hiring an outstanding candidate. John hired Candy
; she was qualified, independent, and a critical thinker. Candy got along well w
ith the other employees until a recent staff meeting. John observed the patient
account representatives were no longer offering productive insights into their d
epartment. The patient accounts production also recently decreased by 20%. John
witnessed groupthink among the department employees, in addition, observed the s
taff bullying Candy. John recognized this behavior and knew bullying in the work
place, increased turnover, litigation, staff dissatisfaction, and behavior that
could damage the reputation of the organization. Therefore, John requested some
assistance from a consultant.
If you will be his consultant, what will be your recommended solution towards hi
s problem?

ECONOMIC GROWTH
1. economic growth 2. Sustainable growth 3. Division of Labor 4. outward shift 5
. Technology 6. Economic growth 7. Machinery 8. inward shift 9. investment 10. i
nward T/F 1.T 2. T 3. F 4. T 5. F
QUIZ 2
1.
F
2.
F
3.
T
4.
T
5.
T
6.
Economic
7.
Social
8.
Frictional
9.
Cyclical
10.
Structural
11.
42.86%
12.
41.18%
13.
33.33%
14.
35.48%
15.
38.10%
16.
0.73
17.
2.83
18.
3.22
19.
0.60
20.
103.767
QUIZ 9
I.
1. Monetary Economics
2. Money multiplier
3. Monetary base
4. Federal Reserve
5. Excess Reserve
6. Required Reserve
7. Money Supply
8. Fractional Reserve
9. Vault cash
10. Central bank's balance sheet

II.
1. monetary policy
2. credit rights
3. financial system
4. financial services
5. foreign official institutions
III.
1. 2. 3000
3. 2000
4. 10%
5. 3000
QUIZ 10
I.
1. Contractionary Monetary Policy
2. Required reserve ratio
3. Monetary Policy
4. Expansionary Monetary Policy
5. Reserves
II.
1. False
2. True
3. False
III.
1. Sell Securities
2. Raise the reserve ratio
3. Raise the discount rate
4. Buy securities
5. Reduce the reserve ratio
6. Reduce the discount rate
The primary objective of the BSP's monetary policy is to promote price stability
conducive to a balanced and sustainable growth of the economy (Republic Act 7653)
. The adoption of inflation targeting framework of monetary policy in January 20
02 is aimed at achieving this objective.

RA. NO 7581 / PRICE ACT


LAW OF THE MAXIMUM
PHILLIPS CURVE
A.W. PHILLIPS
TFTFTF
FALL IN NATIONAL OUTPUT
LOSS OF PERSONAL INCOME
NEGATIVE MULTIPLIER EFFECT
LOSS OF TAX REVENUE
SOCIETY
DEMAND-PULL INFLATION
COST-PUSH INFLATION

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