Why Are the Poor Given Little Weight in the Measure

question 22

Multiple Choice

Why are the poor given little weight in the measure of consumer surplus?

• A) The poor don't tend to vote.
• B) Many of the poor receive welfare payments.
• C) The poor don't produce many goods.
• D) The poor have little income.

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Definitions:

Introjection

A psychological process wherein an individual unconsciously adopts the ideas or attributes of others as part of themselves.

Defense Mechanism

Psychological strategies brought into play by individuals or the ego to protect against anxiety arising from unacceptable thoughts or feelings.

Freud

Sigmund Freud, an Austrian neurologist and the founder of psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst.

White Americans

Individuals residing in the United States who identify as having European, Middle Eastern, or North African ancestry.