The potency of goals and objects in the life space of a group is called:

A) Cohesion
B) Valence
C) Equilibrium
D) Potentiation

A company that adopts a stability strategy plans to expand into new products or markets and intends to manage them by adopting the strategies used for managing its current businesses.

What types of corporations largely depend on grants from private foundations and public donations to meet expenses?

A) nonprofit corporations
B) limited-liability companies
C) S corporations
D) C corporations

An example of a tax that is generally regarded to be progressive is

A) the federal income tax.
B) the excise tax on gasoline.
C) the state sales tax.
D) the payroll tax.

A defendant uses a(n) ________ when her or his answer admits that the facts contained in the complaint are accurate but also includes additional facts that justify the defendant's actions and provide a legally sound reason to deny relief to the plaintiff.

A) interlocutory appeal
B) stipulation
C) affirmative defense
D) admission of fact
E) limited appearance

Gross domestic product (GDP) is a poor measure of social well-being because:

A) the value of leisure time is included in GDP accounting.
B) the revenue earned through exports is ignored.
C) each dollar of government spending is valued at less than one-half of private spending.
D) consumer spending is more important than business spending and should be considered more valuable.
E) it values products at their market prices but ignores services produced.

Sometimes economists disagree because their scientific judgments differ. Which of the following instances best reflects this source of disagreement?

A) One economist believes everyone should pay the same percentage of their income in taxes; another economist believes that wealthier citizens should pay a higher percentage of their income in taxes.
B) One economist believes that manufacturing firms should face greater regulation to preserve the environment; another economist believes the government should not intervene in free markets.
C) One economist believes that equality should be valued over efficiency in policy decisions; another economist believes that efficiency should be valued over equality in policy decisions.
D) One economist believes the government should tax a household's income; another economist believes the government should tax a household's consumption because it will cause households to save more.

The marginal social cost of pollution rises as the quantity of pollution emissions:

A) remains constant.
B) falls.
C) rises.
D) rises but subsequently gradually falls.