A Small Change in the Rate of Productivity Growth Will

question 127

Multiple Choice

A small change in the rate of productivity growth will have:

• A)a small impact on output in both the short run and the long run.
• B)a large impact on output in both the short run and the long run.
• C)a small impact on output in the short run but a large impact in the long run.
• D)a large impact on output in the short run but a small impact in the long run.
• E)no effect on output at all.

---

Definitions:

Situation Analysis

The process of identifying and understanding key factors that may influence the outcome of a plan or project, including internal and external elements.

Low Road

An automatic, rapid response, especially emotional, that bypasses conscious thought.

Thalamus

A structure in the brain that acts as a relay station for transmitting sensory information to the cerebral cortex.

Amygdala

A part of the brain involved in emotion, particularly in processing fear, aggression, and social interactions.