One Drawback to Industrial Policy Is That

question 352

Multiple Choice

One drawback to industrial policy is that

• A)technology spillovers are too expensive to control.
• B)measuring the size of spillovers from different markets is difficult.
• C)spillovers often occur in industries that produce undesirable products for society.
• D)positive side effects are often outweighed by negative side effects.

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Definitions:

Freudian Slip

A verbal or memory mistake believed to be linked to the unconscious mind's suppressed thoughts or desires.

Oral Stage

The first stage in Freud's psychosexual development theory, occurring in the first year of life, where the mouth is the primary source of pleasure and exploration.

Dependency

A state of relying on or needing the support, help, or approval of someone or something else for emotional, physical, or financial security.

Talking Cure

A method of psychological treatment, particularly psychoanalysis, where verbal interaction is used as the primary therapeutic approach.