Which of the Following Explains Why GDP Per Capita Is

question 6

Multiple Choice

Which of the following explains why GDP per capita is likely to decline in less developed countries?

• A) Unemployment growth is greater than population growth.
• B) Population growth is greater than inflation.
• C) GDP growth is greater than capital investment growth.
• D) Population growth is greater than GDP growth.

Appraise the influence of individual and group behaviours on the spread of stories or actions in a societal context.

Assess the relationship between social pressure, societal norms, and crowd behaviour.

Explain the sociological significance of moral entrepreneurs and their impact on societal norms and laws.

Understand the processes through which unsubstantiated stories (rumours) evolve and influence public perception and behaviour.

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Definitions:

Horizontal Equity

The principle that individuals with similar income and assets should be treated equally by the taxation system.

Proportional Tax

A tax for which high-income and low-income taxpayers pay the same fraction of income.

Tax System

The organized method or structure through which a government or authority collects taxes from individuals and businesses within its jurisdiction.

Horizontal Equity

A principle of taxation asserting that taxpayers with similar income or ability to pay should be taxed at the same rate.