Long-Term Economic Growth

question 54

Multiple Choice

Long-term economic growth

• A)is achieved only by changes in factor-utilization rates.
• B)alleviates all poverty.
• C)can improve average material living standards.
• D)is the result of expansionary fiscal policy.
• E)leads to equal income distribution.

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Definitions:

Prejudice

Preconceived judgments or opinions about an individual or group that are not grounded in actual experience or evidence, often leading to discriminatory behavior.

Asylum Seekers

Individuals who flee their home country and seek protection in another country due to persecution or fear of persecution based on race, religion, nationality, or membership in a particular social or political group.

Affirmative Action

A method for opening opportunities to women and minorities that specifically redresses past discrimination by taking positive measures to recruit and hire previously disadvantaged groups.

Hiring Decisions

The process and outcomes related to evaluating and selecting candidates for employment positions within an organization.