How Do Prototypes Differ from Exemplars

question 127

Multiple Choice

How do prototypes differ from exemplars?

• A)Prototypes are man-made, while exemplars occur in nature.
• B)The first object a person encounters in a new category becomes the prototype, while the most representative one becomes the exemplar.
• C)Prototypes are the best example of a category, while exemplars are an average of the category.
• D)A prototype is less detailed than an exemplar.

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Definitions:

Potential GDP

The maximum possible level of output an economy can achieve when all resources are utilized efficiently, without causing inflation.

Prices

The amount of money required to purchase goods or services, acting as a signal in the market to influence supply and demand.

Natural Level of Employment

The rate of employment where the labor market is in equilibrium, with no cyclical unemployment.

Prolonged Unemployment

Prolonged unemployment refers to an extended period during which an individual remains jobless despite actively seeking employment, often leading to significant economic and psychological consequences.