The Material in the Textbook on Gender and Ethnicity in the Field

question 18

Multiple Choice

The material in the textbook on gender and ethnicity in the field of psychology suggests that ____.

• A) compared to men, women earn more psychology degrees and represent a higher percentage of active psychologists
• B) unlike other fields where minorities are outnumbered, in psychology minorities outnumber Caucasians
• C) while men outnumber women earning doctorates in psychology, Caucasians outnumber minorities
• D) while minorities outnumber Caucasians within the ranks of employment in psychology, men outnumber women

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Definitions:

Excess Burden

The cost to society created by market inefficiency, which occurs when supply and demand are out of equilibrium, often due to taxes or monopolies.

Social Cost

The total cost to society as a result of an action or activity, including both private costs incurred by individuals and external costs affecting others.

Monopoly Profit-maximizing

The process by which a monopoly sets its output and price levels to achieve the highest possible profit, given its unique position as the sole seller of a product or service.

Government Failure

Situations where government intervention in the economy creates inefficiency, leading to a misallocation of resources or failure to achieve intended outcomes.