Examlex
Which of the following equations is a correct expression for national saving in the long run when real GDP equals potential output?
Hofstede
A Dutch social psychologist who developed a model identifying five dimensions of culture that help to understand differences in societies: power distance, individualism versus collectivism, masculinity versus femininity, uncertainty avoidance, and long-term versus short-term orientation.
Power Distance
Power distance refers to the extent to which less powerful members of institutions and organizations within a country expect and accept that power is distributed unequally.
Reciprocal Determinism
A theory in psychology that posits individual behavior, personal factors, and environmental influences interact and influence each other.
Albert Bandura
A psychologist best known for his work on social learning theory and the concept of self-efficacy.
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