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Lara Is of Low Socioeconomic Status (SES)and Lives in a Low-SES

question 19

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Lara is of low socioeconomic status (SES) and lives in a low-SES neighborhood.Larry is of low SES but lives in a high-SES neighborhood.(Note that low SES here means $30,000 per year. ) Which of the two will likely have a longer life expectancy?


Definitions:

Lower-Income Individuals

Persons or families who earn significantly less than the average income for their community or country, often facing financial challenges.

Choices

The act of selecting among available options or actions in decision-making processes.

Market Equilibrium

A market state where the supply of an item is exactly equal to its demand, leading to a stable price.

Opportunities

Situations that present possibilities for achieving positive outcomes or advantages.

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