In Hill's Model, Why Are a Factors Said to Be

question 1

Essay

In Hill's model, why are A factors said to be family-specific?

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Definitions:

Increase

An upward change or growth in a quantity or value.

Inflation

A measure of the rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling.

Consumer Goods

Physical products purchased by consumers for personal or household use.

Technology

The application of scientific knowledge for practical purposes, especially in industry and improvements in tools, machines, techniques, and software.