Real GDP Grows When

question 159

Multiple Choice

Real GDP grows when
I. the quantities of the factors of production grow.
II. persistent advances in technology make factors of production increasingly productive.
III. human capital grows.

• A) only I
• B) both I and III
• C) only II
• D) I, II, and III

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Definitions:

Role Playing

A method of learning or therapy involving acting out roles in particular scenarios, often used to practice behaviors or understand others' perspectives.

Social Pressure

The influence that is exerted on individuals by others, or by society as a whole, to act or think in certain ways.

Inconsistent With Attitudes

A psychological state where an individual's behaviors do not align with their beliefs or feelings.

Situations

Instances or sets of circumstances that occur or are perceived by individuals, often influencing their behavior and decisions.