Suppose an Economy Experience a 4% Increase in Each of the Following

question 45

Multiple Choice

Suppose an economy experience a 4% increase in each of the following variables: N,K,and H (human capital) .Given this information,we know with certainty that

• A)Y will increase by more than 4%.
• B)Y will increase by exactly 4%.
• C)Y will increase by less than 4%.
• D)Y will increase by less than 12% but by more than 4%.
• E) none of the above

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Definitions:

Environmental Influence

The effect of surroundings, including physical, social, and cultural factors, on individuals' development, behavior, and wellbeing.

Canalized

Describes traits or behaviors that are strongly genetically determined and less influenced by environmental factors.

Motor Development

The progress and changes in an individual's ability to perform various physical movements and tasks, typically tracked from infancy through adulthood.

Heredity

The genetic transmission of characteristics from parents to their offspring.