Hypotheses to Explain the Positive Correlation Between Factor Accumulation and Production

question 51

Multiple Choice

Hypotheses to explain the positive correlation between factor accumulation and production efficiency include all of the following except:

• A) the quality of a nation's institutions influences both factor accumulation and production efficiency.
• B) capital accumulation causes greater production efficiency.
• C) efficient economies make capital accumulation unnecessary.
• D) an efficient economy encourages capital (including human capital)accumulation.

---

Definitions:

Low-Exchange Relationship

A type of relationship in organizational settings where there is minimal personal connection and reciprocity between parties involved.

Follower's Role

The responsibilities and behaviors expected from individuals who support and execute a leader's vision and directives.

Achievement-Oriented Leadership

A leadership style focused on setting challenging goals, emphasizing excellence, and showing confidence in team members' abilities.

House's Path-Goal Model

A leadership theory that proposes leaders can adjust their behaviors to motivate followers, influence satisfaction, and achieve organizational objectives.