If Government Associates an External Benefit with the Production of a Good

question 108

Multiple Choice

If government associates an external benefit with the production of a good or service, it may correct for the misallocation of resources by shifting the

• A)supply curve to the left.
• B)demand curve to the left.
• C)supply curve to the right.
• D)demand curve to the right.
• E)supply and demand curves to the left.

---

Definitions:

Forensic Evaluations

The application of psychological assessment methods to answer legal questions or issues.

Ethical Issues

Ethical issues pertain to moral dilemmas and considerations that arise in the conduct of professional practices, highlighting the importance of principles such as honesty, respect, and fairness.

Informed Consent

Principle that individuals being assessed should give their permission for the assessment after they are given information concerning such items as the nature and purposes of the assessment, fees, involvement by others in the assessment process (e.g., teachers, therapists), and the limits of confidentiality.

Justifiable Deception

Situations or contexts in which misleading or lying is considered acceptable or warranted based on overarching ethical or moral standards.