Sunil Is 23 Years Old and Is in His Last

question 47

Multiple Choice

Sunil is 23 years old and is in his last semester of university. His father, Arjun, is 58 years old and is beginning to prepare for retirement. Arjun is travelling for business to the city where Sunil attends university and the two meet up for lunch. This is the first time in a very long time that the two have had the chance to talk at length without other family members present. They confide in each other quite a bit about what is going on in their lives and discuss the emotions they have surrounding the life transitions they are considering.
-Sunil's younger sister often misses curfew and has been coming home at all hours of the night.Arjun is worried about her.He wants to ground her so she cannot go out after school at all,but also wants to allow her the flexibility of making her own choices.Arjun wants his child-rearing style to be ___________ and not too ____________.

• A) authoritarian; authoritative
• B) authoritarian; permissive
• C) authoritative; authoritarian
• D) permissive; authoritarian

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Definitions:

Spillover Costs

Costs of production that affect people who have no control over or involvement in the production process, also known as externalities.

Excise Taxes

A tax levied on specific goods or commodities produced or sold within a country, such as alcohol, cigarettes, and gasoline.

Government Intervention

Actions taken by a government to influence or regulate various activities within its economy, such as imposing taxes, subsidies, and regulations.

External Costs

Costs incurred by society as a whole due to economic activities but not reflected in the market price or borne by the producer or consumer involved.