The Two Major Reasons for the Tremendous Growth in Output

question 27

Multiple Choice

The two major reasons for the tremendous growth in output in the U.S.economy over the last 125 years are

• A)population growth and low inflation.
• B)population growth and increased productivity.
• C)low unemployment and low inflation.
• D)low inflation and low trade deficits.

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Definitions:

High-Context Cultures

Cultures where communication relies heavily on underlying context, nonverbal cues, and the relationship between communicators rather than explicit words.

Verbal Content

The portion of communication that involves words and language, both spoken and written.

North America

A continent located in the Northern Hemisphere, mainly between the Atlantic and Pacific Oceans, consisting of countries such as the United States, Canada, and Mexico.

Negative Attitude

A personal disposition that reflects pessimism, dissatisfaction, or a general outlook of expecting the worst outcomes.