Which Statement Is False

question 145

Multiple Choice

Which statement is false?

• A)Technological change is the key to productivity growth.
• B)Productivity is output per unit of input.
• C)The only way to build up capital is to consume more and save more.
• D)In the 1950s,1960s,and 1970s,Americans managed to save about 7-8% of disposable income.

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Definitions:

Abstract Nouns

Words that name qualities, concepts, or ideas rather than concrete objects, beings, or places.

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow, suggesting that people are motivated to fulfill basic needs before moving on to other, more advanced needs, culminating in self-actualization.

Physiological Needs

Basic physical requirements for human survival, such as air, water, food, shelter, and sleep, as identified in Maslow's hierarchy of needs.

Persuasive Messages

Communications designed to influence the attitudes, beliefs, or actions of others through argument, reasoning, or appeal.