Today,not All Regions of the World Enjoy the Same Level

question 86

Multiple Choice

Today,not all regions of the world enjoy the same level of annual real per capita gross domestic product (GDP) .The regions that have higher levels of real per capita GDP probably also have

• A) lower levels of government spending.
• B) very little new business formation and job growth.
• C) higher rates of poverty.
• D) growth-promoting institutions like property rights.
• E) higher income tax rates.

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Definitions:

Subjective Norms

An individual’s perception of others’ beliefs about whether a behavior is appropriate and their motivation to comply with those expectations.

Balance Theory

A psychological theory suggesting that people prefer harmony and consistency in their relationships, values, and beliefs, and will change or eliminate attitudes or relationships that are discordant.

Attitude-Behavior Relationship

The link between an individual's beliefs, feelings, and predispositions towards objects or concepts and their consequent actions or behaviors.

Online Reasoning Skills

The ability to critically evaluate information, identify credible sources, and make informed decisions in the digital environment.