According to the Text, Which of the Following Is True

question 89

Multiple Choice

According to the text, which of the following is true about a person's sexuality?

• A) There is a definitely a gene that determines sexual orientation.
• B) Being homosexual or heterosexual depends on one's genetic structure.
• C) Social influences are an important part of every person's sexual identity.
• D) There is a definitely no gene that affects sexual orientation.

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Definitions:

Government Failure

Inefficiencies in resource allocation caused by problems in the operation of the public sector (government). Specific examples include the principal-agent problem, the special-interest effect, the collective-action problem, rent seeking, and political corruption.

Size and Scope

Refers to the scale of a business's operations and the breadth of its products, services, and market reach.

Invisible Hand

A concept introduced by Adam Smith to describe how individuals' self-interested actions can lead to positive outcomes for the society as a whole.

Economic Efficiency

A state where all resources are distributed in the most efficient manner possible to benefit each person or entity, thereby reducing waste and inefficiency to the minimum.