The following will contribute to an increase in real GDP from year to year which includes Capital deepening, increases in imports, increases in technology. Letter (C) decreases in population does not really affect and contribute to the increase in real GDP since people is considered as manpower. Decrease of manpower means that there is also a decrease in real GDP.
Answer: Self-verification
Explanation:
What is self verification?
Self-verification is the way in which the person wants others to see them as they also view themselves even if their own view is inappropriate or inaccurate. For example if someone think they are famous and good-looking individuals they want others also to view them that way and those who believes they are shy and not good looking want others to view them that way.
This is used as the way to let people know what you expect from them.
Self verification may be good because it means the person knows who they are and can verify it to others confidently however negative or inaccurate self verification may create situation where the person becomes even more social awkward.
The federal debt impacts the economy as it can slow growth by decreasing consumer confidence.
Answer: Option B
<u>Explanation:</u>
Every country these days is caught up in a situation where it has to take federal debt and this often has an adverse impact on the economy of the country. One of the setbacks that the economy faces is that the rate of growth of the economy slows down as consumer confidence decreases to a great extent.
Even the interest rates, as well as tax rates, are hiked which result in it reduction in the rate of investment and an increase in inflation as the purchasing power of the consumers as well as the access to money in terms of loans is reduced, hence, adversely affecting the consumer confidence.
Answer:
The tragedy of the commons
<h3>What is meant by the tragedy of the commons?</h3>
- The tragedy of the commons refers to a situation in which individuals with access to a public resource (also called a common) act in their own interest and, in doing so, ultimately deplete the resource.
- This economic theory was first conceptualized in 1833 by British writer William Forster Lloyd.
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