There seems to be a correlation between the neighborhood in which people grow up and their economic prospects

Indicate whether the statement is true or false

TRUE

Economics

You might also like to view...

U-4, U-5 and U-6 are

A) all broader measures of the unemployment rate. B) all narrower measures of the unemployment rate. C) not used by the Bureau of Labor Statistics because they include too much variability. D) narrower measures of the labor force participation rate. E) broader measures of the labor force participation rate.

Economics

If this quote is TRUE, what would the neoclassical growth theory predict?

A) Economic growth stops because most technological advances have already been made. B) Economic growth is temporary regardless of technological change and GDP per person returns to subsistence levels. C) Economic growth will persist indefinitely because technological change will accelerate again as firms seek profits. D) Economic growth will accelerate because these technological changes are permanent.

Economics