A. relative deprivation
B. a failure of rising expectations
C. euphoria
D. depression
Related Mcqs:
- The middle- and low-income nation are located mostly in_______________?
A. the southern regions of the world
B. the North-South Axis
C. the northern regions of the world
D. the North and South Pole - Disposable income is the part of households income left after the deduction of ?
A. income tax and social security payments
B. taxes and the addition of benefits
C. income tax
D. contractual payments such as pensions and mortgages - When did the United States government begin to function as a cohesive unit ?
A. At the signing of the Declaration of Independence
B. After the Constitutional Convention of 1788
C. At the Inauguration of George Washington in 1789
D. Both B and C - The first European people to form a nation were is________________?
A. Scots
B. Picts
C. Slavs
D. English - What percentage of the earth’s people live in low-income areas ?
A. 10%
B. 35%
C. 56%
D. 5% - What percentage of the earth’s people live in high-income areas ?
A. 50%
B. 15%
C. 45%
D. 3% - According to the quantity theory of money an increase in the money supply is most likely to lead to inflation if ?
A. The velocity of circulation decrease
B. The number of transaction decrease
C. There is deflation
D. The velocity of circulation and the number of transactions is constant - Inflation results when_________________?
A. demand exceeds supply
B. supply exceed demand
C. there is control of purchasing power
D. consumers have no purchasing power - The government can curb excessive aggregate demand(inflation)by_________________?
A. decreasing taxes on consumers
B. increasing spending
C. decreasing taxes on firms
D. none of the above - The decline of unskilled factory jobs has increased black unemployment The situation is a result of______________?
A. structural discrimination
B. individual discrimination
C. nature of life
D. personal discrimination
