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Defining the growth of variable
as
,in the combined Solow-Romer model,the growth rate of total output,using the standard production function,is given as
.
Outgroup Members
Individuals who are perceived as not belonging to one's own group, often leading to distinction and bias against them.
Accentuation Effect
Overestimation of similarities among people within a category and dissimilarities between people from different categories.
Overestimation
The cognitive bias of assessing a quantity or quality as being larger, greater, or more important than it actually is.
Category
A general concept that classifies items, concepts, or ideas that share common characteristics.
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