Economic Development Is More Concerned with Widely Shared Long-Run Increases

question 33

True/False

Economic development is more concerned with widely shared long-run increases in per capita real output than short-run changes in per capita real output.

---

Definitions:

Interpersonal Communications

The process by which people exchange information, feelings, and meaning through verbal and non-verbal messages: it is face-to-face communication.

Perception

Perception is the process through which people receive, organise and interpret information from the environment.

Ethnic Stereotyping

The oversimplified and generalized beliefs about a particular ethnic group, often leading to prejudice and discrimination.