The Normal Life Cycle Pattern of Income

question 418

Multiple Choice

The normal life cycle pattern of income

• A)contributes to more inequality in the distribution of annual income and to more inequality in living standards.
• B)contributes to more inequality in the distribution of annual income, but it does not necessarily contribute to more inequality in living standards.
• C)contributes to less inequality in the distribution of annual income and to less inequality in living standards.
• D)has no effect on either the distribution of annual income or on living standards.

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Definitions:

Internal Locus

The belief that one has control over the events and outcomes in their life due to personal actions or characteristics.

Influence

The capacity to have an effect on the character, development, or behavior of someone or something.

Laboratory Tasks

Specific assignments or experiments conducted in a controlled environment.

Sensation Seeking Scale

a psychological tool used to measure an individual's propensity for seeking novel, complex, and intense sensations and experiences.