What were the results of the Moving to opportunity program in terms of the following:
a. employment opportunities
b. better educational opportunities
c. overall health
d. child behavior
a. Adults had no better luck finding jobs while living in wealthier neighborhoods than they did when they lived in impoverished neighborhoods.
b. Children who moved to low-poverty neighborhoods scored no better on math or reading proficiency tests than the children who had not moved to those neighborhoods.
c. Families who moved to low-poverty neighborhoods had a lower prevalence of severe obesity and diabetes and suffered from less depression and psychological distress than families in high-poverty neighborhoods. The overall physical health of children did not generally change as a result of the move, but the program did have an impact on their mental health.
d. Children had fewer behavioral difficulties as a result of moving from high-poverty neighborhoods to low-poverty neighborhoods.
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Everything else equal, wages are likely to be higher when
a. the work is safer. b. more skill is required to perform well on the job. c. the work environment is more prestigious. d. the location of the job is more desirable.
Asset price inflation can be a problem because it:
A. gives people the illusion that their real wealth has decreased more than it really has. B. gives people the illusion that their real wealth has increased more than it really has. C. typically increases at the same rate as goods price inflation. D. makes people switch their resources from risky investments to conservative investments.
Explain how a regulation requiring banks to keep a given percentage of deposits in an account paying below market interest rates at the Fed is really a tax on banks.
What will be an ideal response?
At what level of disposable income is saving equal to zero?
