The Rationale for Developing a Model in Which Real GDP

question 8

Multiple Choice

The rationale for developing a model in which real GDP depends only on labor is

• A)to prove that productivity growth was higher before the Industrial Revolution.
• B)to prove that capital and technology play a key role in productivity growth.
• C)to prove that productivity growth can occur without capital.
• D)to prove that productivity growth can occur without technology.
• E)to prove that labor is a key source of productivity growth.

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Definitions:

Social Referencing

Understanding an ambiguous situation by seeking another person’s perception of it.

Stranger Anxiety

A developmental situation where infants begin to exhibit distress or wariness in the presence of unfamiliar people.

Mutual-regulation Model

A theory suggesting that individuals in relationships manage and adjust their emotions and behaviors in response to each other.

Erikson

Refers to Erik Erikson, a developmental psychologist known for his theory on the psychosocial stages of human development.