Which Political Point of View Claims That, in Order to Increase

question 17

Multiple Choice

Which political point of view claims that, in order to increase social equality, we need to replace the family as we know it?

• A)conservative
• B)liberal
• C)radical right
• D)radical left

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Definitions:

Externalities

Spillover effects of an activity that influence the well-being of nonconsenting parties.

Opportunity Cost of Capital

The potential return that is foregone by investing capital in one project rather than an alternative investment.

Stockholder Equity

The residual interest in the assets of a corporation after deducting liabilities, representing the ownership interest of shareholders.

Economic Profit

The difference between total revenue and total costs, including both explicit and implicit costs, indicating the extent to which a firm has exceeded the break-even point.