Intergenerational Upward Mobility ______

question 22

Multiple Choice

Intergenerational upward mobility ______.

• A) was prevalent in the United States during the post-WWII years
• B) can still be taken for granted in the United States
• C) is expected to increase in the years ahead
• D) tends to increase during times of economic recession

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Definitions:

Correlation Coefficient

A statistical measure that calculates the strength and direction of a linear relationship between two variables on a scatterplot.

Covariance

A statistical measure of the directional relationship between the returns of two assets.

Expected Return

The mean of all potential outcomes for an investment, adjusted based on the probability of each scenario occurring.

Standard Deviation

A metric assessing how much a group of data points or investment yields spread out or differ from each other.