__________ Are Sets of Expectations Held by Group Members Concerning

question 117

Multiple Choice

__________ are sets of expectations held by group members concerning what kinds of behavior or opinions are acceptable or unacceptable, good or bad, right or wrong, appropriate or inappropriate.

• A) Tensions
• B) Hidden agendas
• C) Roles
• D) Cohesions
• E) Norms

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Definitions:

Facilitates Trade

Actions or policies designed to make trade between countries or parties easier, typically through reducing barriers such as tariffs and quotas.

Barter

The direct exchange of one product for another without using money.

Medium Of Exchange

Anything that is widely accepted as a means for the payment of goods and services and repayment of debts.

Opportunity Cost

Represents the value of the best alternative that must be given up in order to pursue a certain action or decision.