Your Annual Review Is Given to You at Your Place

question 362

Multiple Choice

Your annual review is given to you at your place of employment, and you get a raise of 3 percent for the next year. On the subway home though, you read an article stating the price of homes in the area you are looking to buy will increase by 6 percent during the coming year. You determine from the article that if you buy in your favorite neighborhood

• A) your purchasing power declines.
• B) consumer optimum is reached.
• C) your real income actually increases.
• D) quantity demanded will increase.

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Definitions:

Scapegoats

Individuals or groups unfairly blamed for problems or wrongdoings they did not cause, often to deflect responsibility from the true culprits.

Control Theory

The theory that an individual’s tendency to engage in deviant behavior is influenced by his or her ties to other persons. There are four components of such ties: attachment, commitment, involvement, and belief.

Involvement

The degree of interest and engagement that an individual or group has in a particular activity or situation.

Social Life

The part of an individual's time that is spent engaging with others in the community or society, participating in social activities, and building relationships.