The Most Important Factor for Producing Long-Run Economic Growth Is

question 82

Multiple Choice

The most important factor for producing long-run economic growth is

• A)abundant natural resources.
• B)foreign aid.
• C)good policies and institutions.
• D)slow population growth.

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Definitions:

High Self-monitoring

A personality trait characterized by a high level of sensitivity to social cues and adaptability in behavior depending on the situation.

Emotional Stability

A personality trait characterized by the ability to remain calm, composed, and steady, especially under stress or during challenging situations.

External Locus

A belief that one's life events are predominantly controlled by external forces or circumstances beyond one's personal control.

Short Tenure

A brief period of time someone holds a particular title, office, or position.