Which of the Following Is Not an Important Determinant of the Steady

question 27

Multiple Choice

Which of the following is not an important determinant of the steady state?

• A) initial income
• B) health
• C) education
• D) money supply
• E) openness to foreign trade

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Definitions:

Locus of Control

A psychological concept that refers to individuals' beliefs about the extent to which they have control over the events that affect their lives.

Social Settings

The physical and social environments in which people live or in which something happens or develops.

Interdependence

A mutual reliance among entities, where the actions, products, or services of one depend on or influence those of another.

Judgement

The ability to make considered decisions or come to sensible conclusions.