All of the Following Unambiguously Contribute to Economic Growth EXCEPT

question 76

Multiple Choice

All of the following unambiguously contribute to economic growth EXCEPT

• A) increase in human capital.
• B) increase in technology.
• C) increase in labor productivity.
• D) increase in government spending.

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Definitions:

Square Footage

A measure of area used primarily in the United States, calculated by multiplying the length and width of a space in feet.

Satisfaction

The feeling of pleasure or fulfillment arising from achieving or obtaining what was desired or expected.

Status Quo Bias

Status quo bias is the tendency to prefer things to remain the same or to prefer options that are perceived as the current or default state.

Certainty Effect

The tendency for people to favor options that are certain over those that are probable, even when the probable options may result in a better outcome.