When a Person Receives an Increase in Wealth,what Is Likely

question 17

Multiple Choice

When a person receives an increase in wealth,what is likely to happen to consumption and saving?

• A)Consumption increases and saving increases.
• B)Consumption increases and saving decreases.
• C)Consumption decreases and saving increases.
• D)Consumption decreases and saving decreases.

---

Definitions:

Resource Mobilization Theory

A theory in social movements indicating that the success of social movements depends on resources such as money, labor, and the social organization of these resources.

Solidarity Theory

A sociological concept that emphasizes unity or agreement of feeling or action, especially among individuals with a common interest; mutual support within a group.

Frame Alignment Theory

A sociological theory that explains how social movement organizations align their activities and goals with the interests and beliefs of potential new members to facilitate mobilization.

Relative Deprivation Theory

A sociological theory that explains feelings of discontent or injustice as derived from comparing one's situation against that of others perceived to be better off.