A Woman Who Has Not Attended School in 13 Years

question 114

Multiple Choice

A woman who has not attended school in 13 years enrolls for classes at the local community college. She is afraid that her younger classmates might not accept her. On the first day of class, she observes the clothing styles of her classmates, and after school she goes shopping and purchases similar clothes. Her classmates could be considered

• A) a reference group.
• B) an in-group.
• C) a focus group.
• D) both a reference group and an in-group.

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Definitions:

Recessions

Periods of temporary economic decline during which trade and industrial activity are reduced.

Gross Investment

The total amount spent on new capital assets, before accounting for depreciation, indicating the level of investment in an economy's productive capacity.

Net Investment

The total a company invests in new capital assets, minus the cost of depreciation.

Bondholders

Individuals or institutions that hold the debt securities issued by governments or corporations, entitled to receive interest payments and the principal on maturity.