Which of the Following Policies Improves Prospects for More Rapid

question 205

Multiple Choice

Which of the following policies improves prospects for more rapid economic growth?

• A) policies to increase government expenditure
• B) limitations on international trade
• C) policies to increase the educational attainment of the labor force
• D) encouragement of political instability

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Definitions:

Festinger And Carlsmith

Festinger and Carlsmith refer to the researchers involved in a classic 1959 psychological experiment demonstrating cognitive dissonance, where individuals experienced discomfort resulting from holding conflicting beliefs.

Ethical Person

An individual who consistently displays honesty, fairness, and consideration for others in their decisions and behaviors.

Cognitive Dissonance

Cognitive Dissonance is the mental discomfort experienced by a person who holds two or more contradictory beliefs, ideas, or values at the same time.

Subjective Norms

An individual’s perceptions about whether significant others think he or she should (or should not) perform the behavior in question.