From a Rational Choice/social Exchange Theory Perspective, Which of the Following

question 32

Multiple Choice

From a rational choice/social exchange theory perspective, which of the following describe how a functional, healthy family might look?

• A) All the children and the adults know that when threatened, they have someone who will be attentive and responsive to their needs.
• B) The boundaries between the parental acting as executives and the child(ren) is semi-permeable, such that when appropriate, the children can be part of decision making.
• C) The self-interests of each person in the family are being realized, such that being in the family is more rewarding than costly.

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Definitions:

Corporation

A legal entity (“person”) chartered by a state or the federal government that is distinct and separate from the individuals who own it.

Personal Responsibility

The idea that an individual is accountable for their actions and wellbeing, including making decisions that affect their life and those around them.

Circular Flow Model

A diagram that demonstrates the movement of money, resources, and goods and services in an economy between households, firms, and the government.

Resource Markets

Marketplaces where resources (like labor, capital, and raw materials) used to produce goods and services are bought and sold.