Manuel Is Afraid of Eating in Public Because He Expects

question 99

Multiple Choice

Manuel is afraid of eating in public because he expects to be judged negatively and to feel humiliated. As a result, he makes up excuses when asked out to eat. His diagnosis would probably be:

• A) a social phobia.
• B) a specific phobia.
• C) generalized anxiety disorder.
• D) posttraumatic stress disorder

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Definitions:

Numeraire

A standard unit of account or measuring stick in economics used to compare the value of various goods or services.

Utility Function

A mathematical tool used in economics to represent a consumer's preference ranking of different bundles of goods.

Pareto Optimal

A state of allocation of resources from which it is impossible to reallocate to make any one individual better off without making at least one individual worse off.

Competitive Equilibrium

A state in markets where supply equals demand, and no participant has an incentive to change their behavior.