If a Person Is a Psychologist, Then He or She

question 45

Multiple Choice

If a person is a psychologist, then he or she studies behavior. Dr. Albert Bandura, the author of social learning theory, is a psychologist; therefore, he studies behavior. This conditional argument is valid because the:

• A) consequent was asserted.
• B) antecedent was asserted.
• C) consequent was ignored.
• D) reasoning was inductive.

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Definitions:

Resource Endowments

Resource endowments refer to the natural resources a country has available for use and trade, influencing its economic structure and development potential.

Net Importer

A country or region that imports more goods and services than it exports, resulting in a negative trade balance.

Economies Of Scale

The cost advantage that arises with increased output of a product, where the average cost per unit falls as the volume of its production increases.

Opportunity Cost

The next best alternative foregone as a result of making a decision.