Which of the Following Does NOT Affect Potential GDP

question 164

Multiple Choice

Which of the following does NOT affect potential GDP?

• A)the quantity of money
• B)the quantity of labor employed
• C)the quantity of capital and human capital
• D)the amount of entrepreneurial talent available
• E)the quantity of land and natural resources

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Definitions:

Temporary Change

Refers to alterations or modifications in behavior, environment, or socio-economic conditions that are not permanent and expected to revert after a specified period.

Observable Behavior

Actions of individuals or groups that can be directly seen and measured.

Value Systems

The set of fundamental beliefs, moral principles, and cultural norms that guide individuals' behavior and decision-making.

Subjective

Based on or influenced by personal feelings, tastes, or opinions, rather than external facts or evidence.