If Endogenous Growth Models Are Correct,a Lower Rate of Growth

question 42

Multiple Choice

If endogenous growth models are correct,a lower rate of growth in the long run could occur as a result of which of the following?

• A)a lower rate of saving
• B)a lower rate of depreciation
• C)a redefinition of depreciation
• D)a redefinition of the steady state
• E) none of the above

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Definitions:

External Locus

A psychological orientation where individuals attribute their successes and failures to external factors and influences rather than to their own efforts.

Conscientiousness

A personality trait characterized by diligence, carefulness, thoroughness, and the desire to do a task well.

Big Five

A model in psychology that describes human personality through five broad dimensions: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Workplace Behaviours

Refers to the range of actions and interactions among employees within an organization, influencing its culture and performance.