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What Are the Major Factors Affecting the Long-Term Growth of the Economy's

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What are the major factors affecting the long-term growth of the economy's output?


Definitions:

Openness

A personality trait characterized by an individual's willingness to experience new ideas, be transparent, and accepting of different perspectives.

Conscientiousness

A personality trait characterized by diligence, carefulness, and a desire to do a task well.

Self-serving Bias

A cognitive bias that involves attributing successes to internal factors and failures to external factors to protect self-esteem.

Fundamental Attribution Error

The tendency to overestimate the influence of personality and underestimate the influence of situational factors when explaining others' behavior.

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