Which Household Characteristic Has the Largest Effect on Household Income

question 115

Multiple Choice

Which household characteristic has the largest effect on household income distribution?

• A) the size of the household
• B) the age of householders
• C) the race of household members
• D) the level of educational attainment of household members

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Definitions:

Rule-based Theories

Systems of thought that focus on the application of specific, predefined rules or laws to analyze or solve problems.

Ethics

The moral principles that govern a person's behavior or the conducting of an activity, guiding what is good, right, and appropriate.

Code Of Ethics

A set of principles and guidelines designed to set out acceptable behaviors for members of a particular group, organization, or profession.

Internalized Standards

Refer to the personal or organizational values and rules that individuals or entities adopt as their own guiding principles.