Country a Has Real GDP Per Person of 10,000 While

question 320

Multiple Choice

Country A has real GDP per person of 10,000 while country B has real GDP per person of 20,000. All else constant, country A will eventually have a higher standard of living than country B if

• A)the level of saving per person is 500 in country A and 750 in country B.
• B)the level of saving per person is 1,000 in country A and 1,800 in country B.
• C)Both of the above are correct.
• D)None of the above are correct.

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Definitions:

Role Ambiguity

The uncertainty and lack of clarity about what one's role is within an organization, including responsibilities, expectations, and boundaries.

Positive Perceptions

The tendency to view situations, actions, or conditions in a favorable light.

Contingency Variable

A variable that modifies the relationship between two other variables under certain conditions or situations.

Fiedler's Contingency Theory

A leadership theory proposing that the effectiveness of a leader is contingent upon the match between the leader's style and the situation's demands.