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:

Working Out

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Good Health

A state of physical, mental, and social well-being, not merely the absence of disease or infirmity.

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A psychological framework that explains how individuals infer the causes of others' behaviors, attributing them to either internal dispositions or external situations.

Behavioral Explanation

An analysis or justification of actions based on psychological principles of behavior.