When the Benefits of an Activity Are Received by Those

question 55

Multiple Choice

When the benefits of an activity are received by those who are not directly involved in it:

• A)a negative externality exists.
• B)the government is producing a free good.
• C)the society has to bear the burden of that particular activity.
• D)the government has to compensate for the loss in social welfare.
• E)a positive externality exists.

Understand the concept and importance of attachment in child development.

Recognize the methods and indicators of attachment classification.

Distinguish between secure and insecure attachment patterns.

Analyze factors that influence attachment, including caregiver behavior and child temperament.

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Definitions:

Credit Column

is a section in financial statements or ledgers where increases in liability, equity, and revenue accounts or decreases in asset and expense accounts are recorded.

Drawing Account

An account that tracks amounts withdrawn from a business by its owners for personal use, which reduces the owner's equity.

Capital Account

An account on a nation's balance of payments that records all transactions related to asset changes, including investments and loans.

Liabilities

Financial obligations or debts owed by a business to outsiders, which are required to be settled in the future.