Frank Has a Type a Personality

question 65

Multiple Choice

Frank has a Type A personality. Which personality dimension is he most likely to have a low score on?

• A) agreeableness
• B) openness to new experience
• C) neuroticism
• D) extroversion

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Definitions:

Positive Externalities

Benefits that occur to a third party not directly involved in an economic transaction, leading to underproduction if not addressed.

Patent Policy

Guidelines and laws governing the protection of inventions and innovations, ensuring inventors have exclusive rights to their creations for a predetermined period.

Government Intervention

The active involvement by a government in the economic or social affairs of a country, which can include regulations, subsidies, tariffs, and public services.

Internalize Externalities

The process of adjusting market prices to account for the external costs or benefits generated by a product or service's production or consumption.