Ian Just Learned His Final Grade in History

question 67

Multiple Choice

Ian just learned his final grade in history. He was upset because he thought he was going to do better and called his mother to tell her about it. His mother then contacted the professor (without Ian's permission or knowledge) to ask that Ian's grade be changed because he had worked really hard in the class, or at least that he be given a chance to retake the final test. In this example, Ian's mother is a _____ parent.

• A) hovering
• B) vigilant
• C) helicopter
• D) supportive

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Definitions:

Public Goods

Goods that are non-excludable and non-rivalrous, meaning they are accessible to all members of a society and one individual's consumption does not reduce availability to others.

Subsidize

The act of providing financial assistance to individuals, businesses, or industries to support or promote economic activities.

Basic Research

Fundamental scientific research aimed at increasing understanding and knowledge, without specific immediate commercial applications.

Free-Rider Problem

A situation in which individuals consume more than their fair share of a public resource, or shoulder less than a fair share of the costs of its production, because they are not charged for their usage.