In a Mixed Open Economy, Which of the Following Affect

question 87

Multiple Choice

In a mixed open economy, which of the following affect the equilibrium GDP in the same direction?

• A)C_a, I_g, S_a, and M
• B)S_a, T, and M
• C)I_g, T, and C_a
• D)S_a, I_g, and X

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Definitions:

Social Loafing

The phenomenon where individuals exert less effort when working in a group than when working alone.

Individual Loafing

A tendency for people to exert less effort when working in a group compared to when working alone, known as social loafing.

Teams

Groups of individuals working together towards a common goal or objective.

Social Facilitation

The tendency for one’s behavior to be influenced by the presence of others in a group.