The Main Supportive Pillar(s) for Informal Institutions Is/are

question 18

Multiple Choice

The main supportive pillar(s) for informal institutions is/are:

• A) Normative and cognitive
• B) Regulatory (coercive)
• C) Regulatory, normative, and cognitive
• D) Cognitive

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Definitions:

Endogenous

Refers to factors or processes that originate from within a system or model.

Bureau of Labor Statistics

An agency of the U.S. Department of Labor that collects, processes, analyzes, and disseminates essential statistical data to the American public, the U.S. Congress, other Federal agencies, State and local governments, business, and labor.

Unemployment Rate

The percentage of the labor force that is jobless and actively looking for work.

Liberals

Individuals or groups who advocate for freedom in economic policies, personal choices, and a minimal role for government in personal affairs.