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Which of the Following Theories Predicts That There Can Be

question 8

Multiple Choice

Which of the following theories predicts that there can be no sustained rise in real GDP per person above the subsistence level?
I. Classical growth theory
ii. New growth theory


Definitions:

Reward Power

The ability of a person to influence the behavior of others by offering them something desirable as a means of motivation.

Value

The estimated worth of something. To be most valued, a person, object, or principle must be known, cherished, declared, supported, and supported habitually, even at personal sacrifice. The value-based leader demonstrates courage of conviction, an important leadership trait or quality.

Coercive Power

A form of authority that uses threats, punishment, and other negative tactics to enforce rules and influence behavior.

Intimidation

The act of frightening or threatening someone into doing or not doing something, often used as a control mechanism.

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