______ Refers to a Store of Positive Relationships in Social

question 62

Multiple Choice

______ refers to a store of positive relationships in social networks built on norms of reciprocity and trust developed over time upon which the individual can draw for support.

• A)social trust
• B)social capital
• C)psychological capital
• D)biological capital

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Definitions:

Demand

The quantity of a good or service that consumers are willing to buy at a given price over a specified period.

Deadweight Loss

A loss in economic efficiency that occurs when the optimal quantity of a good is not produced, often due to market distortions.

Daily Demand

The total amount of a good or service that consumers are willing and able to purchase at a particular price in a single day.

Tax

A necessary financial obligation or variant form of imposition placed upon a taxpayer by a governing institution aimed at generating income for government use and public expense funding.