All of the Following Statements Are True Except

question 25

Multiple Choice

All of the following statements are true except

• A)the Lucas wedge is the dollar value of the accumulated gap between what real GDP per person would have been if the 1960s growth rate had persisted and what real GDP per person turned out to be.
• B)the Lucas wedge accumulated to $640,000 per person by 2013.
• C)the Lucas wedge equals real GDP minus potential GDP.
• D)the Lucas wedge arises from the slowdown of productivity growth that began during the 1970s.
• E)real GDP per person was $45,000 per year lower in 2013 than it would have been with no growth slowdown.

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Definitions:

Functionalists Approach

A sociological perspective that views society as a complex system composed of parts working together to promote stability and social order through fulfilling necessary functions.

Sexual Needs

are the psychological or physical requirements related to obtaining or expressing sexual intimacy, pleasure, and health.

Sexual Scripts

Cultural expectations about appropriate sexuality that are learned through social interaction.

Cultural Expectations

The shared norms and values that dictate acceptable behavior and practices within a specific culture or society.