All Else Being Equal When Considering the Situation or Environment

question 11

Multiple Choice

All else being equal when considering the situation or environment, in which of the following situations is the individual most likely to NOT be able to cope with stress?

• A) A single mother from an abusive family who moved to a new city to attend school full-time and work part-time to afford tuition and support herself and her child.
• B) A single mother who lives near her supportive parents who help to take care of the child) and attends school full-time on a full scholarship.
• C) An upper-middle class single father who works from home to spend more time with his young child and has several friends who help him take care of the child as needed.
• D) A middle-class family who cannot afford to take more than one family vacation per year.

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Definitions:

Bromides

Compounds containing a bromine ion or a derivative thereof; in colloquial usage, a bromide is a commonplace or boring statement intended to placate or pacify.

Platitudes

Often overused statements or remarks that are intended to convey moral or practical truths, but are perceived as lacking in originality or sincerity.

Pareto Efficient Allocation

An economic state where resources are allocated in such a way that it is impossible to make one individual better off without making at least one individual worse off.

Strictly Convex Preferences

Preferences that demonstrate a consumer's increasing marginal rate of substitution, indicating a strong preference for diversified bundles of goods over homogeneous bundles.