Which of the Following Factors Would Economists Consider "Key" to Economic

question 262

Multiple Choice

Which of the following factors would economists consider "key" to economic development?

• A) expansionary monetary policy
• B) establishing a system of property rights
• C) policies that promote consumption expenditures by households
• D) All of the above are correct.

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Definitions:

Classically Conditioned

A learning process that occurs through associations between an environmental stimulus and a naturally occurring stimulus.

Conscious Control

The deliberate use of one's awareness to guide, manage, or direct one's thoughts or actions.

Operant Conditioning

An educational method where the intensity of an action is altered via rewards or penalties.

Self-Efficacy Conditioning

A process of building one's belief in their own ability to succeed at specific tasks through repeated experiences of achievement.