The President of the World Bank Has Asked You to Calculate

question 32

Multiple Choice

The president of the World Bank has asked you to calculate the average population growth rate of Nigeria from 1960 to 2004.You know the population in 1960 is about 40 million and in 2004 about 137 million.The average growth rate is about:

• A)-1.0 percent.
• B)103.0 percent.
• C)100.0 percent.
• D)-3.0 percent.
• E)3.0 percent.

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Definitions:

Self-Serving Biases

A cognitive bias that involves individuals attributing their successes to internal factors and their failures to external factors, protecting self-esteem.

Equity

Refers to fairness or justice within relationships, organizations, or societies, often focusing on the distribution of resources.

Conflict-Escalation Process

The progression of a dispute or conflict, increasing in intensity and potentially leading to more serious disputes or confrontations.

Social Values Orientation

An individual's preference regarding the allocation of resources between themselves and others, indicating their inclination towards cooperation, altruism, or selfishness.