Suppose Every Good Costs $8 Per Unit and Molly Holds

question 96

Multiple Choice

Suppose every good costs $8 per unit and Molly holds $120.What is the real value of the money she holds?

• A)$120.If the price of goods rises,to maintain the real value of her money holdings she needs to hold more dollars.
• B)$120.If the price of goods rises,to maintain the real value of her money holdings she needs to hold fewer dollars.
• C)15 units of goods.If the price of goods rises,to maintain the real value of her money holdings she needs to hold more dollars.
• D)15 units of goods.If the price of goods rises,to maintain the real value of her money holdings she needs to hold fewer dollars.

---

Definitions:

Deviance

Behaviors, actions, or beliefs that deviate from the social norms or values of the majority, which may or may not be criminal.

Durkheim

A foundational sociologist who focused on social cohesion, the role of societal institutions, and the concept of anomie, amongst other topics.

Social Attachments

Emotional bonds that form between individuals, influencing personal relationships and social development.

Legitimate Opportunities

Refers to the legal and socially accepted avenues available to individuals to achieve success, often discussed in the context of sociological theories of crime and inequality.