Bobby Is Anxious,unhappy,and Has Low Self-Esteem

question 4

Multiple Choice

Bobby is anxious,unhappy,and has low self-esteem.When frustrated,Bobby tends to react with hostility.His parents are most likely to fit which of the following child-rearing styles?

• A)authoritative
• B)authoritarian
• C)permissive
• D)uninvolved

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Definitions:

Consumer Surplus

The misalignment between the price consumers are willing to allocate for a good or service and the price they actually allocate.

Producer Surplus

The difference between what producers are willing to sell a good for and the actual market price they receive, representing the profit producers make.

Tax

A compulsory charge by the government on individuals or entities' income, property, or goods, used to fund public services and government obligations.

Deadweight Loss

Deadweight loss refers to the loss of economic efficiency when the equilibrium outcome is not achievable or is not achieved in the market.