Long-Term Growth in Production Can Be Partially Explained by

question 29

Multiple Choice

Long-term growth in production can be partially explained by

• A)increases in government spending
• B)increases in availability of resources
• C)reductions in federal taxes
• D)a gradual but consistent increase in the price level
• E)general optimism about the future and the pioneering spirit of America

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Definitions:

Predicting Happiness

The process of forecasting one's future emotional state of well-being and contentment.

Predicting Miserable

The act of forecasting or expecting a state of extreme unhappiness or discomfort.

Approach-Approach Conflict

A psychological conflict that occurs when an individual must choose between two desirable outcomes or goals.

Approach-Avoidance Conflict

A psychological conflict that occurs when a goal or situation has both positive and negative aspects that make the goal appealing yet repelling at the same time.