Economists Usually Believe That

question 142

Multiple Choice

Economists usually believe that:

• A) competition encourages innovation.
• B) innovation encourages competition.
• C) innovation leads to market power and should be regulated.
• D) market power leads to innovation.

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Definitions:

Genetic Predisposition

The increased likelihood of developing a particular disease based on a person's genetic makeup.

Unipolar Depression

A major depressive disorder marked by a persistent feeling of sadness or lack of interest in external stimuli, without the mood swings seen in bipolar disorder.

Family Pedigree

A diagram that shows the occurrence of hereditary traits or conditions across generations within a family, often used to assess the risk of genetic disorders.

Twin Studies

Research designs in psychology and genetics that compare the similarity between monozygotic (identical) and dizygotic (fraternal) twins to understand the influence of genetics and environment.