Celia Is a Psychologist Whose Job Involves Promoting Community-Wide Mental

question 219

Multiple Choice

Celia is a psychologist whose job involves promoting community-wide mental health through research, prevention, education, and consultation. Celia would be a __________ psychologist.

• A)comparative
• B)developmental
• C)community
• D)cultural

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Definitions:

Coase Theorem

A principle that asserts that if private parties can bargain over the allocation of resources without cost, they can solve the problem of externalities on their own.

Externalities

Economic outcomes that impact third parties not directly involved, which can either be advantageous or disadvantageous.

Significant Costs

Expenses that are sufficiently large to impact an entity's financial decisions or financial statements.

Externalities

Economic impacts of a product or service on parties who do not directly participate in the transaction, which can be negative (pollution) or positive (vaccination benefits).