Based on the U.S. Census Bureau's most recent definition of family, which individual would be counted as a family member?
a. an adopted child living in the household full time
b. a foster child living in the household full time
c. a biological child living away at school
d. a biological father living in an
a. an adopted child living in the household full time
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One major consequence of divorce is a complete loss of sexual interest
Indicate whether the statement is true or false
Modernization theorists argue that developing countries benefit greatly when they
a. encourage government intervention in the economy to spur economic development b. let the natural forces of competition determine which individuals become successful and which do not. c. colonize weaker nations on their borders. d. stem from a single economic system.
It is important to gather sufficient and _____________information before making a decision
a. resilient b. necessary c. relevant d. intuitive
Which of the following statements reflects the fluid quality of income?
A. It is very difficult to quantify. B. It flows in the form of paychecks and flows out as bills are paid and daily expenses are met. C. U.S. household incomes have largely stagnated over the past decades. D. It is illiquid, meaning that it is logistically difficult to transform into cash.