If Wang from the Previous Question Decided to Look at Whether

question 5

Multiple Choice

If Wang from the previous question decided to look at whether grandparents who have grandchildren living with them later obtain custody of the grandchildren and then later adopt the grandchildren, Wang would be looking at​

• A) ​frequencies.
• B) ​causes.
• C) ​processes.
• D) ​structures.
• E) ​magnitudes.

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Definitions:

Trade Surpluses

A situation where a country exports more than it imports, resulting in a positive balance of trade.

Gross Saving Rate

The proportion of total national income that is not spent on consumption or taxes, indicating the amount saved.

Gross National Income

An economic metric that totals the domestic and foreign output of residents of a country, including product taxes and minus subsidies not included in the valuation of output.

APC

Average Propensity to Consume, which measures the fraction of income spent on consumption out of the total income.