If Households Choose to Take Some Fraction of Each Check

question 53

Multiple Choice

If households choose to take some fraction of each check they deposit and hold it as currency,then the simple deposit multiplier ________ the real-world multiplier.

• A)is greater than
• B)is less than
• C)is equal to
• D)bears no relationship to

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Definitions:

Deviance

Behaviors or actions that violate societal norms or expectations, leading to social disapproval.

Cultural Goal

The shared aspirations, values, or desired outcomes that are significant within a given culture or social group.

Legitimate Means

Lawful, socially acceptable ways of achieving goals, as opposed to illegal or unethical methods.

Labeling Theory

A perspective in sociology that suggests individuals become deviant as a result of the labels or definitions assigned to them by society.