According to the New Growth Theory, Real GDP Per Person

question 60

Multiple Choice

According to the new growth theory, real GDP per person grows because

• A)the labor force participation rate increases.
• B)the government subsidizes firms' research and development.
• C)the population increases.
• D)people make choices in pursuit of profits.
• E)the retirement age increases.

---

Definitions:

Sympathetic Division

Part of the autonomic nervous system that prepares the body for stressful or energetic activity, often termed the "fight or flight" system.

Autonomic Nervous System

The part of the nervous system that controls involuntary bodily functions, such as heart rate and digestion.

Cerebral Cortex

The outer layer of the brain, involved in complex brain functions such as thought, language, memory, and consciousness.

Escape Behaviors

Actions taken to avoid or remove oneself from uncomfortable, difficult, or distressing situations or feelings.