Which of the Following Terms Is Correctly Paired with a Description

question 8

Multiple Choice

Which of the following terms is correctly paired with a description?

• A)affect; the emotion aspect of an individual's personality
• B)mood; a broad,enduring state
• C)affect; the outward expression of an emotion
• D)emotion; a short-lived,specific state

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Definitions:

Deadweight Loss

A reduction in economic effectiveness that happens when a good or service does not reach or cannot reach its equilibrium.

Quotas

Limits set by government on the quantity of goods that can be imported or produced, intended to protect domestic industries.

Deadweight Loss

The loss of economic efficiency that occurs when the equilibrium for a good or service is not achieved.

Market Intervention

Actions taken by a government or other authority to affect the market, often to correct market failures or achieve certain policy objectives.