Which of the Following Statements About the Occupy Movement Is

question 30

Multiple Choice

Which of the following statements about the Occupy movement is FALSE?

• A) It resembled 1930s sit-down strikes.
• B) It eventually died out and failed to inspire any other similar movements.
• C) It ensured the phrase "the one percent" would enter America's political vocabulary.
• D) It began as a grassroots protest against Wall Street malfeasance and growing inequality in America.
• E) It tapped into a widespread feeling of alienation, especially among the young.

---

Definitions:

Goods

Physical items that are produced and consumed by individuals or businesses to satisfy needs or wants.

Marginal Rate

The rate at which one variable changes relative to a change in another variable, often used in the context of marginal tax rates or marginal rates of substitution.

Convex Preferences

A preference structure where the consumer prefers mixed bundles of goods to extreme bundles, represented graphically by a bowed-inward indifference curve.

Monotonic Preferences

A preference pattern where more of a good is always preferred to less, maintaining a consistent order.