In the United States, Third Parties

question 8

Multiple Choice

In the United States, third parties

• A) have consistently been successful.
• B) must support the same centrist themes as Democrats and Republicans to play a role.
• C) are illegal.
• D) have to set themselves apart from the two main parties to play a role.

Define and explain the effects of monopsony in the labor market.

Evaluate the economic and labor market implications of immigration.

Apply the concept of opportunity cost in the context of labor economics.

Define the concept of the marginal product of labor.

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Definitions:

Defensive Attribution

A psychological process by which individuals tend to ascribe greater blame to the victims of misfortune for their own victimization when they feel threatened by the likelihood of a similar event happening to them.

Observational Learning

A learning process through which behaviors, attitudes, or skills are acquired by watching and imitating the actions of others.

Classical Conditioning

A method of learning through which a response is cultivated by the combination of a stimulus found in the environment and one that naturally exists, leading to a behavioral response.

Fundamental Attribution Error

The tendency to overemphasize personality traits and underestimate situational factors when explaining others' behaviors.