Special Interest Group X Receives a 1/150^thslice of the Economic

question 14

Multiple Choice

Special interest group X receives a 1/150^thslice of the economic pie. Its net benefits from an economic growth policy are $7,000,which are the same as its net benefits from a transfer policy. What is the change in the size of the economic pie (Real GDP) that is required to bring about this result?

• A) $1,050,000
• B) $46.67
• C) $150,000
• D) $2,500,000
• E) none of the above

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Definitions:

Sociocultural

Pertaining to the influence that society and culture have on beliefs, behaviors, and emotions, focusing on how people are affected by and interact with societal norms, values, and practices.

Gender Dysphoria

A psychological condition where there is a significant discrepancy between an individual’s assigned sex at birth and their experienced or expressed gender, often leading to distress.

Transsexualism

The condition of identifying and living as a member of a sex different from that assigned at birth, often involving medical assistance such as hormone therapy or surgery.

Transvestite Fetishism

Refers to a condition where sexual arousal is intensely obtained through cross-dressing.