Examlex
What is the marginal propensity to consume? Can the marginal propensity to consume be greater than 1?
Mortgages
Loans specifically provided for the purchase of property or real estate, where the property itself is used as collateral for the loan.
Social Stratification
The structured form of social inequality within a society, categorized by hierarchies of class, race, and gender, among others, impacting access to resources and power.
American Dream
The belief that anyone, regardless of where they were born or what class they were born into, can attain their own version of success in a society where upward mobility is possible for everyone.
Just-World Hypothesis
Argument that people have a deep need to see the world as orderly, predictable, and fair, which creates a tendency to view victims of social injustice as deserving of their fates.
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