Parente and Prescott Provide Evidence That Total Factor Productivity Across

question 2

Multiple Choice

Parente and Prescott provide evidence that total factor productivity across countries can be explained by

• A)differences in savings rates.
• B)differences in economic systems.
• C)barriers to technology adoption.
• D)differences in political ideologies.
• E)differences in levels of human capital.

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Definitions:

Fixed Interval

In the context of reinforcement, it refers to a schedule where rewards are delivered at consistent time intervals after a desired behavior is performed.

Hour

A unit of time equivalent to 60 minutes or 1/24th of a day.

Assembly Line

A manufacturing process in which parts are added to a product in a sequential manner to create a finished product efficiently.

Oral Reprimand

A verbal form of discipline where an individual is verbally warned or criticized for inappropriate behavior or performance.