A Possible Explanation for the Persistence of the U

question 49

Multiple Choice

A possible explanation for the persistence of the U.S.federal budget deficits is that:

• A)it is easier politically to increase government spending than to decrease taxes.
• B)it is easier politically to decrease government spending than to decrease taxes.
• C)it is easier politically to increase government spending than to increase taxes.
• D)the economy naturally tends toward recessions.
• E)the economy naturally tends toward full employment.

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Definitions:

Structural Mobility

The mobility of individuals or groups within or between social strata, facilitated by changes in the economy or the social structure of a society, rather than by personal achievement.

Social Class Ladder

A metaphorical representation of the stratification and hierarchical nature of society based on socio-economic status.

Societal Changes

Alterations in the social structures, institutions, and patterns of behavior within a society over time.

Hypogamy

Marrying “down” in the social class hierarchy.