In the Long Run, Most of the Growth in Aggregate

question 49

Multiple Choice

In the long run, most of the growth in aggregate hours comes from

• A) population growth.
• B) advances in technology.
• C) increases in the labor force participation rate.
• D) increases in labor productivity.
• E) None of the above answers is correct because the premise of the question is wrong since aggregate hours will not grow in the long run.

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Definitions:

Leadership Behavior

The actions, attitudes, and methods used by a leader to motivate, influence, and guide their followers towards the achievement of goals.

Defining The Relationship

The process of discussing and agreeing upon the nature and terms of a relationship, often used in personal contexts.

Edwin Ghiselli's Traits

involve a set of six personal traits identified by Edwin Ghiselli that are believed to be indicators of successful leadership, including supervisory ability, need for occupational achievement, intelligence, decisiveness, self-assurance, and initiative.

Need For Achievement

The drive or motivation of an individual to reach goals and attain high standards.