All Else Being Equal, If Consumption Rises as a Share

question 88

Multiple Choice

All else being equal, if consumption rises as a share of GDP, then

• A)future consumption will fall.
• B)people must be saving more.
• C)there must have been an increase in GDP.
• D)people must have experienced an increase in wealth.
• E)there will be less available to consume in the future.

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Definitions:

Medication

Substances used for medical treatment, especially for the diagnosis, treatment, or prevention of disease.

Analogue Observation

Observation of behaviors in a simulated or structured environment akin to real-life situations, used in psychological assessment and research.

Self-Monitoring

The process of paying close attention to one's own behavior and using these observations to shape behavior according to social cues and personal objectives.

In Vivo Observation

A method used by behaviourally oriented therapists to determine how environmental variables affect a behaviour of concern, in which a clinician may record a running narrative of events, using pencil and paper, video, or still camera, in the client’s everyday environment. More commonly, observations are made by participant observers, key people in the client’s environment, and reported to the clinician. See also analogue observational setting.