Which of the Following Is True

question 40

Multiple Choice

Which of the following is true?

• A) White men earn higher incomes than anyone else
• B) Affirmative action programs have most helped those from the lower classes
• C) Blue-collar manufacturing firms that have labor contracts with the federal government have increased their workforce in the United States dramatically in the last few years
• D) Affirmative action has helped black and Latina women to earn more than white women

Understand the principle of economic efficiency and its application in decision-making.

Recognize the role of information in consumer decision-making and the value of brands.

Distinguish between the protective, productive, and redistributive functions of government.

Comprehend the concept of diminishing returns and its implication for economic activities.

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Definitions:

Heuristics

Simple, efficient rules, either hard-coded by evolutionary processes or learned, that help in making decisions, forming judgments, or solving problems.

Amabile's Components

Refers to Teresa Amabile's theory that innovation requires expertise, creative-thinking skills, and intrinsic task motivation.

Emerging Innovations

New developments or technologies that are on the verge of becoming widely known or used.

Creative Potential

The inherent capacity or possibility within a person to think creatively or come up with new and innovative ideas.