The Growth Rate of Potential GDP Is the Sum of Two

question 179

Multiple Choice

The growth rate of potential GDP is the sum of two other growth rates.These other growth rates are

• A)population and resource base.
• B)goods output and services output.
• C)labor input and labor hours worked.
• D)labor input and labor productivity.

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Definitions:

Technological Channel

A medium through which communication or information is transmitted using technology.

Mood Congruency

The psychological phenomenon where an individual's current mood affects their recall of memories, with a tendency to remember information that is consistent with their current mood.

Mood State

is the temporary emotional state or condition that influences a person's perception, behavior, and interactions at a given time.

Recall

The ability to retrieve and retain information over time.