The Opportunity Structure Refers to

question 13

Multiple Choice

The opportunity structure refers to

• A)the relative availability of good jobs.
• B)the number of employers who offer equal pay.
• C)the number of employers who forbid sexual harassment.
• D)the amount of intragenerational social mobility.
• E)channeling women or minorities into jobs considered appropriate.

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Definitions:

GDP Deflator

An economic metric that converts output measured at current prices into constant-dollar output by adjusting for inflation.

Nominal GDP

Gross Domestic Product measured in current prices without adjusting for inflation, representing the total value of all goods and services produced over a specific time period within a country's borders.

Real GDP

The calculation of a nation's total economic production factoring in adjustments for price fluctuations, either inflationary or deflationary.

Growth Rate

The measure of the increase in a particular variable, such as GDP or population size, over a specific period of time, usually expressed as a percentage.