Jan Lives in a Neighborhood with a High Concentration of Poor

question 16

Multiple Choice

Jan lives in a neighborhood with a high concentration of poor people. If Jan experiences upward mobility, research predicts that she will:

• A) Stay in the neighborhood
• B) Move out of the neighborhood
• C) Encourage other upwardly mobile people to move into the neighborhood
• D) None of the Above

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Definitions:

Preferred Stock

A class of stock that offers its holders priority over common stockholders in the distribution of dividends and assets.

Common Stock

Equity ownership in a corporation, with the right to vote on corporate matters and receive dividends.

Dividends Per Share

The total amount of dividends declared for each share of stock issued, showing how much shareholders receive from the net profits of the company.

Cash Dividend

A payment made by a company to its shareholders, usually as a distribution of profits in the form of cash.