The Table Below Shows Total Output for an Economy Over

question 61

Multiple Choice

The table below shows total output for an economy over 3 years. * millions of dollars ** real GDP measured in millions of 2010 dollars
TABLE 20-7
Refer to Table 20-7.The nominal Gross Domestic Product in 2016 was

• A)$700 000.
• B)$724 000.
• C)$774 000.
• D)$798 000.
• E)$820 000.

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Definitions:

Social Loafing

The tendency of individuals to exert less effort when working in a group than when working alone.

Unique Contribution

An original addition, idea, or improvement that an individual or group provides to a particular field or body of work.

Social Loafing

The phenomenon where individuals exert less effort to achieve a goal when they work in a group as opposed to when they work alone.

Task Poorly

The act of performing or completing a given task with substandard quality or effort.