A Small Reduction in a Country's Growth Rate Is a Concern

question 12

Multiple Choice

A small reduction in a country's growth rate is a concern to policy makers because

• A) a small change can have large effects on per capita GDP over time.
• B) a reduction usually leads to future reductions until finally the economy stagnates.
• C) policy makers focus too much on economic growth and not enough on increasing savings rates.
• D) the larger GDP is the better the economic welfare will be in the future.

---

Definitions:

Intermittent Reinforcement

A conditioning schedule where reinforcements are given on a partial or unpredictable basis, significantly affecting learning and behavior persistence.

Continuous Reinforcement

Continuous reinforcement is a learning strategy where a desired behavior is rewarded every time it occurs, leading to quicker learning of the behavior.

Observable Behavior

Actions or conduct that can be seen and measured externally, as opposed to thoughts or feelings that cannot be directly observed.

Desirable

Qualities or features that are attractive or sought-after in various contexts, such as products, traits, or outcomes.