The Potential Output of a Country Would Increase as a Result

question 58

Multiple Choice

The potential output of a country would increase as a result of each of the following, except:

• A) an increase in population.
• B) an increase in capital per worker.
• C) technological innovation that increases labor productivity.
• D) depreciation of the capital stock.

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Definitions:

Pluralist Theory

Refers to a theory in political science and sociology which suggests that power in a society is distributed among multiple groups and that this multiplicity ensures that no single group achieves dominance.

Elite Theory

A theory suggesting that societies are divided between a small ruling elite that holds power and the masses who are controlled by them.

Voter Turnout

The percentage of eligible voters who cast a ballot in an election, used to measure political engagement and participation.

Rich Democracy

A term describing democratic nations that possess a high level of economic wealth and standards of living.