The Life Course Institutionalization Hypothesis Means

question 12

Multiple Choice

The life course institutionalization hypothesis means

• A) over the long term individual lives have been increasingly organized by the bonds of the family and the state
• B) over the long term, individual lives have been increasingly organized by institutions of the state and the workplace
• C) over the long term, individual lives have been increasingly organized by institutions of the state and public pensions
• D) over the long term, individual lives have been increasingly organized by bureaucracies
• E) over the long term, individual lives have been increasingly organized by big business

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Definitions:

Natural Gas Reserve

Quantities of natural gas that are discovered and are recoverable under current economic and operating conditions.

Present Value

The value at present of future monetary amounts or streams of cash, when calculated with an agreed-upon rate of profit.

Profit Per Unit

The profit earned by a company for each unit of product sold.

Present Value

The immediate worth of a prospective sum of money or sequence of cash flows, with a defined yield rate factored in.