The "Drift Explanation" of the Relationship Between Health and Socioeconomic

question 9

Multiple Choice

The "drift explanation" of the relationship between health and socioeconomic status (SES) states that:

• A) people with more money are able to select better foods and are therefore healthier than those with less money.
• B) genetics and biology affect SES so that people who are healthier have an easier time maintaining a high SES.
• C) there is no relationship between health and SES; any observed relationship is the result of selection bias by researchers.
• D) people with better health select higher-paying jobs than those with poor health.

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Definitions:

Par Value

The face value of a bond or stock, typically the amount that is paid back at maturity for bonds or a nominal dollar value assigned to shares of stock.

Coupon Bond

A type of bond that offers interest payments to the holder at specified intervals until the bond's maturity.

Accrued Interest

The interest that has accumulated on a bond or other fixed-income security since the last interest payment was made.

Interest Days

Refers to the specific days on which interest is calculated, often relevant in banking and finance for determining amounts owed or earned.