The Use of Negative Sanctions That Proscribe Certain Behaviors and Set

question 112

Multiple Choice

The use of negative sanctions that proscribe certain behaviors and set forth the punishments for rule breakers and nonconformists is an example of:

• A)external social control
• B)exterior social control
• C)interior social control
• D)internal social control

Determine which parties have a comparative or absolute advantage based on opportunity costs.

Understand the principles behind international trade and the gains from trade.

Explore the impact of technological improvements on comparative advantage and production possibilities.

Understand the concept of human capital and its importance to the economy.

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Definitions:

z

A standard score that indicates how many standard deviations an element is from the mean of its distribution.

Standard Normal Random Variable

A random variable with a mean of 0 and a standard deviation of 1, following a normal distribution.

Area

The measure of the extent of a two-dimensional figure or shape in a plane.

z

In statistics, a z-score indicates how many standard deviations an element is from the mean.