When Twenty-Eight-Year-Old Rafferty Recently Completed a Fitness Assessment as Part

question 445

Multiple Choice

When twenty-eight-year-old Rafferty recently completed a fitness assessment as part of a yearly physical, his results were poorer than he expected. His weight is higher than it should be, he has several unhealthy habits, and he is unable to lift weights comparable to others his age. Rafferty's parents say that Rafferty just inherited bad genes and that there is little he can do to improve himself. Rafferty doesn't believe this is true, so he hires a personal trainer, quits smoking, and begins to walk for 20 minutes every day. Rafferty probably has a/an

• A)internal locus of control.
• B)external locus of control.
• C)performance inexperience.
• D)reciprocal cognition.
• E)repressed tendency.

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Definitions:

Demand Curve

A graph showing the relationship between the price of a good and the quantity demanded, usually depicting a downward slope, indicating the inverse relationship between price and demand.

Supply Curve

A graphical representation used in economics to show the relationship between the price of a good or service and the quantity of it that producers are willing to supply.

Government's Revenue

The money received by a government from taxes and non-tax sources to enable it to undertake government expenditures.

Efficiency Loss

Refers to the loss of economic efficiency when the optimal allocation of resources is not achieved, often due to market failures or distortions.