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Imagine Your Social Network Is Very Small, and You Only

question 70

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Imagine your social network is very small, and you only receive calls from your significant other when she is out of town. When she is away, she calls you several times a day. One afternoon, when she is home, you are suddenly very startled by the phone ringing. Why?


Definitions:

Poorer Grows Faster

An observation in economics that poorer economies tend to grow at a faster rate than richer economies due to the catch-up effect.

Standard Of Living

A level of wealth, comfort, material goods, and necessities available to a certain socioeconomic class or geographic area.

Productivity

A measure of the efficiency of production, often quantified as the ratio of outputs to inputs in the production process.

Human Capital

The economic value of an individual's skill set and knowledge, considered an asset in the production process.

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