Productivity Growth Is Important Because

question 82

Multiple Choice

Productivity growth is important because:

• A)it is the only way an economy can increase GDP.
• B)a small decrease in productivity growth causes a large decline in GDP.
• C)a large increase in productivity growth causes a small decrease in GDP.
• D)it causes an increase in the quantity of all resources available to an economy.
• E)it ultimately increases a nation's standard of living.

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Definitions:

Subliminal Perception

The process by which stimuli are presented below the threshold of conscious awareness but still influence thoughts, feelings, or actions.

Acupuncture

Use of pins to diminish pain, possible because of stimulation of release of endorphins and cortisol.

Kinesthesis

The sensory system's ability to detect body position and movement, enabling coordination and balance.

Vestibular Sense

The sensory system responsible for balance and spatial orientation, located in the inner ear.