Which of the Following Is Not a Determinant of the Long-Run

question 47

Multiple Choice

Which of the following is not a determinant of the long-run level of real GDP?

• A)the price level.
• B)the amount of capital used by firms.
• C)available stock of human capital.
• D)available technology

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Definitions:

Exchange Theory

A social psychological theory that explains human behavior in terms of the exchanges between individuals and the rewards or costs associated with those interactions.

Equity Theory

A theory in social psychology asserting that individuals are motivated by a sense of fairness in their interactions, focusing on the balance between inputs and outputs in relationships.

Romantic Relationship

A bond between two individuals characterized by emotional and often sexual attraction, commitment, and intimacy.

Mating Preferences

Criteria or choices exerted by individuals in selecting partners for reproduction, which can be influenced by genetic, environmental, and cultural factors.