Juanita Is from a Low-SES Family

question 23

Multiple Choice

Juanita is from a low-SES family.Her friends are also from low-SES families,though most of their peers are from middle class families.Jerita has decided that school is a dead end and does not want to succeed academically.Her Spanish teacher believes Juanita could make high grades in Spanish and some of her other classes.The teacher encourages Juanita to turn in homework and raise her grades,but Juanita does not want to sell out and act like the middle class kids.She seems to have become part of:

• A)a rebel gang.
• B)a resistance culture.
• C)a self-imposed poverty culture.
• D)a school-imposed exclusion.

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Definitions:

Mutual Fund

An investment vehicle made up of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments, and other assets.

Selection Contribution

The return added to a portfolio through the successful selection of securities, differentiating from the return that would result from holding a passive benchmark portfolio.

Total Excess

The amount by which returns on an investment exceed the benchmark or risk-free return over a specified period.

Bogey Portfolio

An investment portfolio that serves as a benchmark against which other portfolios' performances are measured.