If a Nation Is Going to Achieve and Sustain a High

question 62

Multiple Choice

If a nation is going to achieve and sustain a high rate of economic growth, it must

• A) prohibit low-wage foreign producers from supplying goods to the domestic market.
• B) have an abundant domestic supply of low cost energy resources.
• C) have a mechanism capable of attracting savings and channeling them into wealth-creating projects.
• D) impose regulations that will limit the intensity of competition among domestic firms.

---

Definitions:

Festinger and Carlsmith

Researchers known for their 1959 cognitive dissonance experiment, which investigated the effects of forced compliance behavior on changing attitudes.

Attitude Change

The process in which an individual's feelings, beliefs, or behavior towards a particular entity or topic shifts over time.

Paid for Lying

The act of receiving compensation or reward in exchange for deceit or delivering false statements.

Operant Conditioning

Operant Conditioning refers to a method of learning in which the likelihood of a behavior's occurrence is altered through rewards or penalties.