Which of the Following Explain(s) Differences in Total Factor Productivity

question 46

Multiple Choice

Which of the following explain(s) differences in total factor productivity?

• A) institutions
• B) human capital
• C) infrastructure
• D) legal structure
• E) All of these answers are correct.

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Definitions:

Social Learning Theory

A theory that proposes individuals learn new behaviors and information by observing others, emphasizing the importance of cognitive processes in learning.

Correct Behavior

Actions or responses that are deemed appropriate within a given context, often aligning with societal, ethical, or professional standards.

Punishment

The imposition of a penalty or adverse consequence on an individual or group in response to undesired behavior.

Ethics Competency

The ability to understand, evaluate, and act upon moral issues and challenges in a professional context, according to principles of right and wrong.