Countries with Small Amounts of Capital Per Worker Tend to Have

question 51

Multiple Choice

Countries with small amounts of capital per worker tend to have ________ levels of real GDP per person and ________ levels of average labor productivity.

• A)high; high
• B)high; low
• C)low; low
• D)low; average

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Definitions:

Lopsided Distribution

A statistical distribution characterized by an asymmetry where values are more spread out on one side than the other.

Skewed

Refers to a distribution that is not symmetric, having one tail longer or more spread out than the other.

Mean

The arithmetic average of a distribution, obtained by adding the scores and then dividing by the number of scores.

Central Tendency

A statistical measure that identifies a single value as representative of an entire distribution. It aims to provide an accurate description of the entire data set.