In the Economy with Efficient Institutions,technological Advancement

question 61

Multiple Choice

In the economy with efficient institutions,technological advancement

• A) occurs predictably.
• B) is the result of individuals responding to incentives.
• C) tends to occur by accident.
• D) is exogenous.
• E) depends mainly on luck.

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Definitions:

Therapeutic Efficacy

The ability of a treatment or drug to provide the intended beneficial effects on the health condition for which it is used.

DSM-5

The Diagnostic and Statistical Manual of Mental Disorders, Fifth Edition, a handbook used by healthcare professionals as the authoritative guide to diagnose mental disorders.

Cultural Differences

Variations in the customs, values, traditions, and social behaviors of different societies or communities.

Spirit Possession

The belief or experience that an individual is inhabited or taken over by a spirit, which can influence their behavior or health.