Which of the Following Would You Be LEAST LIKELY to Hear

question 316

Multiple Choice

Which of the following would you be LEAST LIKELY to hear an American female adolescent say:

• A)"If I need relationship advice I will ask my parents."
• B)"I feel most comfortable talking to my best friend about my deepest secrets."
• C)"I have the most fun when I am with my friends."
• D)"If I had the choice,I would rather hang out with my friends than go on vacation with my family."

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Definitions:

Externality

An economic side effect of a good or service that generates benefits or costs to someone other than the person deciding how much to produce or consume.

Invisible Hand

A term coined by economist Adam Smith to describe the self-regulating nature of the marketplace, where individual self-interests unintentionally benefit society at large.

Economist

A professional who studies the production, distribution, and consumption of goods and services, focusing on how economic agents behave and interact.

Government Intervention

Government intervention involves actions taken by a government to affect the economy, which can include regulations, subsidies, tariffs, and monetary policies.