Researchers from Harvard and Berkeley Conducted the Largest Study of Inequality

question 18

Multiple Choice

Researchers from Harvard and Berkeley conducted the largest study of inequality in the United States to date. Which of the following did their research reveal?

• A) Social mobility is higher in the United States than in other Global North nations.
• B) Social mobility is highly variable by region.
• C) Family income and wealth has little effect on a child's opportunity for future upward mobility.
• D) Social mobility is higher than it's ever been in the United States.

---

Definitions:

Street Crime

Refers to criminal acts that occur in public places such as theft, vandalism, assault, and robbery.

Supply Curve

A graphical representation of the relationship between the price of a good and the quantity of the good that sellers are willing to offer for sale, holding other factors constant.

Horizontal Axis

In a graph or chart, it is the x-axis, representing the independent variable.

Equilibrium Quantity

Equilibrium quantity is the quantity of goods or services that is supplied and demanded at the equilibrium price, where the quantity supplied equals the quantity demanded.