Considerable movement up and down the economic ladder.

Reference no: EM13767065

There is considerable movement up and down the economic ladder. Relative income positions often change over time." This statement is
a. false; people tend to stay in the same quintile that their parents were in
b. false; people tend to stay in the same place within the income distribution
c. true; at different points in time people tend to change position in the income distribution
d. only true for industrialized countries

Reference no: EM13767065

Questions Cloud

Approximate percentage change in the bond price : Use the modified duration to find the approximate percentage change in the bond's price. Find the new price of the bond from this calculation.

Find the percentage in the quantity demanded : if the price elasticity of demand for cigarette is -0.03 then find the percentage in the quantity demanded when the price increases by 10 percent?

Calculate the tax liability using the tax rate table : An example of how to calculate the tax liability using the tax rate table and the tax rate formula for a taxpayer with taxable income of $55,000, filing status married filing jointly.

A text string using prompt : A text string, using prompt, either"valid name" or "invalid name",depending on whether the input names fit the required format, which is Last name, first name, middle initial

Considerable movement up and down the economic ladder. : There is considerable movement up and down the economic ladder. Relative income positions often change over time." This statement isa. false; people tend to stay in the same quintile that their parents were inb. false; people tend to stay in the same..

Acceptability of capital punishment : Write a two-page informative essay using common essay structure (introduction, body, and conclusion) on the topic listed below: Acceptability of Capital Punishment

How does the discount rate affect : What are the factors that would influence the Federal Reserve in adjusting the discount rate and how does the discount rate affect the decisions of banks in setting their specific interest rates?

Minerals and perrier issues : Evaluate the reactions to change including identifying signs of resistance and approaches to managing it.Ajax

Describe the characteristics of abusers : Describe the characteristics of abusers. Analyze four characteristics of abusers in domestic violence situations. Analyze four roles of substance abuse and its effect on domestic violence

User Account

All Pages