Because of the Choices People Make in the Pursuit of Profit

question 305

Multiple Choice

Because of the choices people make in the pursuit of profit, new growth theory argues that

• A) technology growth slows down in the long-run.
• B) population growth increases will bring real GDP per person back to subsistence level.
• C) the capital stock experiences diminishing returns.
• D) the economy can enjoy persisting economic growth.

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Definitions:

Endometriosis

Inflammation of endometrial tissue sloughed off into the abdominal cavity rather than out of the body during menstruation; the condition is characterized by abdominal pain and sometimes infertility.

Infertility

A condition characterized by the inability to conceive a child after trying for an extended period of time, due to factors affecting either or both partners.

Amniotic Sac

A fluid-filled sac that surrounds and protects the developing fetus in the uterus.

Twin Studies

Research involving twins that aims to reveal the influence of genetics versus environment on various traits and behaviors.