Per Capita GDP Decreases When

question 109

Multiple Choice

Per capita GDP decreases when:

• A) GDP and the population decrease at the same rate.
• B) GDP increases and the population does not change.
• C) GDP and the population increase at the same rate.
• D) GDP does not change and the population increases.

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Definitions:

Contrast Effect

A cognitive bias where the value or quality of an object is perceived differently when compared alongside other objects, significantly altering perception and judgement.

Balance Theory

A psychological theory suggesting that individuals strive for consistency and balance in their relationships and beliefs for psychological comfort.

Unit Relation

The way in which different components or elements are connected and interact within a system or structure.

Endorsement

The act of publicly recommending or supporting a product, service, or idea, often by a celebrity or recognized authority.