If Total Output Increases from $100 Billion to $200 Billion

question 116

Multiple Choice

If total output increases from $100 billion to $200 billion as population increases from 100 million to 150 million, then output per person:

• A)doubles.
• B)increases, but by less than 100 percent.
• C)remains constant.
• D)decreases.

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Definitions:

Bogus Pipeline Technique

A psychological technique used in social research to elicit honest responses from participants by falsely claiming the existence of a lie-detector-like mechanism.

Hierarchies

Systems or organizations in which members are ranked one above the other according to status or authority.

Free Market System

An economic system based on supply and demand with minimal government intervention, where prices for goods and services are determined freely by the open market.

Cluster

A group of similar things or people positioned or occurring closely together, often used to refer to a statistical analysis method that identifies groups of similar data points.