Which of the Following Is an Example of Cohort Effects

question 61

Multiple Choice

Which of the following is an example of cohort effects?

• A) that individuals tend to share the same party identification as their parents
• B) that people with high agreeableness are more likely to favor economic policies that help the disadvantaged
• C) that, until the 1970s, relatively few native white southerners identified with the Republican Party
• D) the failure of President Clinton to enact health care reform in 1994
• E) the increasing ideological polarization in Congress

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Definitions:

Quantity Supplied

The total amount of a product that producers are willing and able to sell at a given price over a specified period.

Equilibrium Price

The price at which the quantity of a good or service offered by suppliers equals the quantity demanded by consumers.

Shortage

A market condition where the demand for a product exceeds its supply at a particular price, often leading to price increases.

Market Price

Represents the amount of money that a buyer is willing to pay and a seller is willing to accept for a good or service at a particular time.