Consumers decide what should be produced by expressing their preferences in terms of the amount of money they spend on various goods and services, thus creating
a. consumer demand.
b. price.
c. profit.
d. inflation.
a. consumer demand.
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Which of the following is true of the effects of poverty on young people?
a. The economic circumstances of teenagers earning money are independent of those faced by their parents. b. The poverty rate among children is lower today than it was four to five decades ago. c. The high rates of divorce and single parenthood have increased the risk of poverty among the young. d. The poverty rates among children are lower when compared to that of adults.
Of the 21 million new wage and salary jobs expected to be created between 2002 and 2012, which of the following job categories do economists project to be the fastest-growing in number of jobs?
a. education and health services b. retail sales c. customer service d. food preparation and service work
Answer the following statement(s) true (T) or false (F)
Talcott Parsons argued that distinct sex roles clarified the social status of the family by being derived from the male’s social position.
Which perspective is most likely to suggest that those who are poor live in physical or social isolation from others and have their own set of values?
A. clinical B. individualistic C. cultural D. structural