The Stepfamilies That Are Often Created by Divorce and Remarriage

question 49

Multiple Choice

The stepfamilies that are often created by divorce and remarriage:

• A) rarely involve stepchildren.
• B) receive a great deal of institutional support.
• C) take many different forms today.
• D) utilize existing social norms and institutional support to help them through conflict.

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Definitions:

Comparative Advantage

The ability of an individual, firm, or country to produce a good or service at a lower opportunity cost than competitors, underpinning international trade theories.

Absolute Advantage

The ability of an entity to produce a good or service at a lower cost per unit than other competitors using the same amount of resources.

Trade Surplus

A situation where a country's exports exceed its imports over a given period, indicating a positive balance of trade.

Services

Services involve non-material economic activities aimed at satisfying needs or wants, including endeavors like consulting, banking, or maintenance.