Thinking About How Patterns of Child-Rearing Vary by Class,lower-Class Parents

question 11

Multiple Choice

Thinking about how patterns of child-rearing vary by class,lower-class parents generally stress _____,while well-to-do parents typically stress _____.

• A)independence; protecting children
• B)independence; dependence
• C)obedience; creativity
• D)creativity; obedience

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Definitions:

Inferior Good

A type of good for which demand decreases as the income of the consumer increases, in contrast to normal goods where demand increases with rising income.

Normal Good

A good for which demand increases as the income of the consumer increases, and vice versa, holding all other factors constant.

Income Effect

The change in consumer demand for goods and services induced by a change in income, affecting the purchasing power of the consumer.

Substitution Effect

The change in consumption patterns due to a change in relative prices, prompting consumers to substitute one good for another.