The Three Determinants of the Supply of Real GDP Are

question 108

Multiple Choice

The three determinants of the supply of real GDP are

• A)labor, capital, and potential GDP.
• B)labor, capital, and households.
• C)labor, capital, and technology.
• D)labor, capital, and markets.
• E)labor, capital, and government.

Understand the impact of social norms and peer influence on individual behavior.

Examine the predictive inaccuracies professionals can have regarding human behavior in obedience studies.

Understand the critical role of human capital in organizational success and strategic organizational behavior.

Recognize the contingency approach in management and its importance in organizational behavior.

---

Definitions:

Wholesale Rates

Prices offered for large quantities of goods, typically lower than retail prices, to distributors or retailers rather than to end consumers.

Online Travel Companies

Businesses that operate through the internet to offer travel-related services such as hotel bookings, flight reservations, and vacation packages directly to consumers.

Legal Obligations

Duties that the law requires an individual or entity to perform, which may arise from contracts, statutes, or regulations.

United Nations Commission

An advisory group within the United Nations system that focuses on specific issues, such as human rights or trade.