Technological Advancement Is Defined As

question 20

Multiple Choice

Technological advancement is defined as:

• A)the increase in the quantity of inputs needed to produce a given quantity of output.
• B)the reduction in the quantity of inputs needed to produce a given quantity of output.
• C)the reduction in the productivity of a sector of the economy that has become obsolete.
• D)an increase in the labor to capital ratio in any production process.
• E)the growth in the natural resource endowment.

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Definitions:

Companionate

Refers to love characterized by deep affection, friendship, and emotional intimacy, as opposed to passionate love.

Self-effacing Bias

The tendency to attribute success to external factors and failures to oneself, often observed in cultures that value modesty and collectivism.

Japanese Subjects

Individuals from Japan participating in a study or research project.

American Subjects

Refers to research participants who are from the United States, often noted in studies to discuss the cultural or demographic background of the sample.