What Did the "Moynihan Report" View as the Main Source

question 39

Multiple Choice

What did the "Moynihan Report" view as the main source of economic and civil problems among blacks?

• A) the "breakdown" of the black family, with too many families led by single women
• B) police brutality in the cities
• C) the lack of role models for black children
• D) the laziness and lack of work ethic among most blacks

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Definitions:

Diminishing Marginal Utility

The economic principle stating that as a person consumes more of a good, the additional satisfaction gained from each additional unit of that good decreases.

Risk-Averse

A condition where an individual prefers outcomes with known probabilities over outcomes with unknown probabilities, typically avoiding higher risk.

Total Utility

The cumulative satisfaction or pleasure derived by a consumer from consuming a given amount of goods or services.

Income Fall

A decrease in the amount of money received by an individual, household, or entity, typically referring to earnings over a certain period.