If the Marginal Product of Capital Were Increasing in All

question 5

Multiple Choice

If the marginal product of capital were increasing in all nations

• A) nations would experience a rapid convergence to a steady state in which GDP per capita would be the same across countries
• B) poverty traps would be avoided
• C) nations with large capital stocks would in vest more than nations with small capital stocks
• D) technology would spill over rapidly from rich nations into poor nations
• E) the marginal product of labor would also be increasing in all nations

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Definitions:

Self-Monitoring

A phase of self-management and an intervention technique. Self-monitoring involves the process of operationally defining a target behavior and having students observe and record its occurrence or absence while engaging in some activity or task.

Contingent Reinforcer

A reinforcement given only after a specific behavior is exhibited, thereby increasing the likelihood of that behavior occurring again.

Operational Definition

The process of breaking down a broad concept into its observable and measurable component behaviors. For example, “aggression” becomes “hits peers with hand closed.” The purpose of operational definitions is to ensure that all involved parties are conceptualizing, recording, and measuring behaviors similarly.

Cueing Devices

Tools or signals used to prompt or guide a desired response or behavior.