Which of the Following Statements Does NOT Describe the Steady

question 17

Multiple Choice

Which of the following statements does NOT describe the steady state of an economy,when technology is constant?

• A)Investment per worker is equal to the requirement (break-even)investment.
• B)Output per worker and consumption per worker are constant.
• C)The growth rate of the output per worker is zero.
• D)The capital per worker grows at a constant rate.

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Definitions:

Motivation

The processes that account for an individual's intensity, direction, and persistence of effort toward attaining a goal.

Perception

The process by which we receive and interpret information from our environment.

Equity Theory

A theory of motivation that posits employees are motivated to achieve a balance between their inputs and outcomes in relation to the inputs and outcomes of others.

Hierarchy of Needs Theory

A psychological theory proposed by Abraham Maslow that outlines a five-tier model of human needs, from basic physiological needs to self-actualization.