Sarah's Father Is a Carpenter Who Makes Good Wages in Good

question 5

Multiple Choice

Sarah's father is a carpenter who makes good wages in good
Economic times,but is unemployed when the construction industry
Slows to a standstill.Sarah becomes a neurologist,earning $345,000 a
Year,and moves from the working class to the upper-middle class.
Between her father's generation and her own,Sarah has experienced
__________ social mobility.

• A) downward
• B) horizontal
• C) upward
• D) progressive

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Definitions:

Agricultural Goods

Products derived from agriculture, including crops and livestock, used for food, fuel, feed, and fiber.

Heckscher-Ohlin Theorem

An economic theory stating that countries export what they can most efficiently and abundantly produce, based on their factor endowments of labor and capital.

Pharmaceuticals

Products and substances manufactured and sold for the diagnosis, treatment, or prevention of diseases and health conditions.

Automobiles

Motor vehicles designed for transporting passengers, commonly on roads, ranging from cars to buses.