Serena Is a White, Middle-Class Mother of Two, Who Works

question 94

Multiple Choice

Serena is a white, middle-class mother of two, who works as a librarian in the public library system of a large city in the American West. She is 57 years old. She is generally inclined to support Democratic candidates whose policies provide an economic safety net for those hardest hit by recessions but will occasionally vote Republican or as an independent when government enforcement of order and traditional values are under siege. Which label best describes Serena's thinking?

• A) Serena is a liberal.
• B) Serena is a conservative.
• C) Serena is an economic liberal and a lifestyle liberal.
• D) Serena is an economic conservative and a lifestyle conservative.
• E) Serena is an economic liberal and a social conservative.

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Definitions:

Total Costs

The sum of all costs associated with the production of goods or services, including fixed and variable costs.

Break Even

The point at which total costs and total revenue are equal, resulting in no net loss or gain for a business.

Meals

The portioned eating occasions in a day typically including breakfast, lunch, and dinner, and sometimes snacks, consisting of prepared food.

Cost Function

A mathematical relationship that describes how production costs change with changes in the volume of production.