Jenna and Katie Are Lesbians Raising a Son

question 71

Multiple Choice

Jenna and Katie are lesbians raising a son. The likelihood he will be a homosexual is ____ someone raised by heterosexual parents?

• A) lower than
• B) higher than
• C) about the same as
• D) substantially lower than

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Definitions:

Rational Expectations

A theory in economics suggesting that individuals make decisions based on their rational outlook, available information, and past experiences.

Adaptive Expectations

A theory in economics that expectations of future events are constructed based on past events and that agents adjust slower to new information.

Monetarists

Economists who emphasize the role of governments in controlling the amount of money in circulation as a primary method for managing the economy and combating inflation.

Money Supply

The comprehensive sum of money resources in an economy, encompassing cash, coins, and deposits in checking and savings accounts, at a specific moment.