In Analyzing Macroeconomic Data During the Past Year,you Have Discovered

question 56

Multiple Choice

In analyzing macroeconomic data during the past year,you have discovered that average labour productivity fell,but total output increased.What was most likely to have caused this?

• A)Government deficit was reduced.
• B)The capital/output ratio probably rose.
• C)There was an increase in labour input.
• D)Unemployment probably increased.

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Definitions:

Environmental Factors

External elements like climate, pollutants, or social conditions that can influence an individual's development, behavior, and health.

Lewis Terman

An American psychologist best known for his revision of the Stanford-Binet IQ test and for his longitudinal studies on gifted children.

Intelligence Tests

Assessments designed to measure a person's cognitive abilities and potential.

Correlation

A statistical measure that describes the extent to which two variables change together, but not necessarily cause one another.