________ Refers to the Idea That Policy Will Be Developed

question 36

Multiple Choice

________ refers to the idea that policy will be developed that will maximize the output of government with a minimum commitment of resources.

• A) Systemic agenda
• B) Optimality
• C) Individual rationality
• D) Legitimation

Understand the impact of factor mobility on the supply elasticity of resources.

Interpret the significance of resource market prices as indicators of scarcity and their effect on production decisions.

Understand the concepts of marginal revenue product (MRP) and marginal product of labor.

Analyze the relationship between technological improvements and labor demand.

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Definitions:

Id

In psychoanalytic theory, it is the component of personality composed of unconscious psychic energy that works to satisfy basic urges, needs, and desires.

Latent Homosexual Desires

Unconscious or unacknowledged sexual attraction towards individuals of the same sex.

Defense Mechanism

Mental tactics employed by people, groups, or countries to deal with the truth and preserve their self-perception.

Sublimation

A defense mechanism proposed by Freud, involving the redirection of unacceptable impulses into socially acceptable behaviors or interests.