A Subsidy Is Defined as

question 32

Multiple Choice

A subsidy is defined as

• A) a payment that must be made to the government whenever a good or service is sold.
• B) the number of trades that are eliminated from a market when a tax is imposed.
• C) the difference between total revenue and total cost for a business firm.
• D) a payment to either the buyer or seller of a good or service, usually on a per-unit basis, when a good or service is purchased.

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Definitions:

Feelings of Inadequacy

Emotions that reflect a lack of confidence in one's abilities or worth.

Humanistic

A psychological perspective that emphasizes the study of the whole person, looking at human behavior not only through the eyes of the observer but also through the eyes of the person doing the behaving.

Adler

Alfred Adler was an Austrian medical doctor and psychotherapist who founded the school of individual psychology, emphasizing the importance of social context in personality development.

Social Strivings

Efforts made by individuals to achieve status, acceptance, or fulfillment within their social communities.