Almost All Economists Agree That Local and State Governments Should

question 6

Multiple Choice

Almost all economists agree that local and state governments should

• A)eliminate subsidies to professional sports franchises.
• B)increase subsidies to professional sports franchises.
• C)copy economic policy from Washington,D.C.
• D)prevent companies from outsourcing work.

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Definitions:

Identity Crisis

The failure to achieve ego identity during adolescence.

Foreclosure Status

In psychology, particularly Eriksonian theory, foreclosure status refers to an uncritical acceptance of parental or societal values without exploring personal identity.

Moratorium Status

A stage in identity development where an individual is actively exploring options but has not yet made a commitment to any particular identity or path.

Occupation

A person's usual or principal work or business, especially as a means of earning a living; a profession or job.