Which of the Following Was the Most Likely Wealth Status

question 9

Multiple Choice

Which of the following was the most likely wealth status of the children of both the richest and the poorest quintile of parents (measured in 1977) ?

• A) They will remain in the richest or  poorest quintile, respectively.
• B) They will move up in wealth.
• C) They will drop in wealth.
• D) The poor will move to the higher quintile in wealth, whereas the richtest will drop to the second wealthiest quintile.

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Definitions:

Bandura

A psychologist known for his work on social learning theory, emphasizing the role of observational learning, self-efficacy, and reciprocal determinism in behavior.

Vroom

Refers to Victor Vroom's expectancy theory which suggests that individual motivation is influenced by the expected outcomes of their actions.

Locke

Refers to John Locke, an influential 17th-century English philosopher known for his work on political philosophy, epistemology, and education.

Self-Efficacy Theory

A psychological theory proposing that individuals' belief in their ability to perform a task influences their motivation and performance in that task.