An unlicensed street vendor sells watches, which may have been stolen, from a makeshift stand in New York City's Times Square. Another individual repairs cars for "private" clients in a garage attached to his home. Both of these people are part of
A. the formal economy.
B. the gray economy.
C. the informal economy.
D. the private economy.
Answer: C
You might also like to view...
At best, you can say that the greater happiness and satisfaction reported by the better educated may reflect _______________
A. a tendency toward greater fulfillment of potential B. a tendency toward higher status C. a tendency toward higher wages D. a tendency toward more responsibility
Which of the following is true about stratification systems?
A. Most societies do not have true stratification systems. B. Most societies share the same amount of complexity in their stratification systems. C. Stratification systems are somewhat unusual in modern societies. D. Stratification systems vary in degree and complexity of stratification.
Using t-scores, calculate the 95% confidence interval
What will be an ideal response?
In general, the t test and the analysis of variance are:
A) dependent on five basic assumptions B) free of assumptions C) sensitive to violations of assumptions D) adequate if there are not large violations of assumptions