Transition Planning and Services Must Address All of the Following

question 12

Multiple Choice

Transition planning and services must address all of the following areas EXCEPT:

• A) financial independence.
• B) postsecondary training and/or education.
• C) employment.
• D) independent living or community participation.

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Definitions:

Coase Theorem

The Coase Theorem posits that if trade in an externality is possible and there are no transaction costs, bargaining will lead to an efficient outcome regardless of the initial allocation of property.

Externality Problems

Occurrences in which the production or consumption of goods and services imposes costs or benefits on third parties not involved in the transaction.

Government Intervention

The involvement by government in the market to influence the allocation of resources and distribution of income.

Coase Theorem Solution

A theory suggesting that if trade or negotiation over property rights is allowed without cost, parties can reach an agreement regarding the allocation of resources regardless of the initial allocation.