Answer:
d. All of the above are correct.
Explanation:
Economists are scientists who study the processes of production, distribution, accumulation and consumption of material goods. They also look for factors directly related to restraint or moderation in spending, and factors related to savings. Economists study the notion of how societies use resources to produce valuable goods and how these goods are distributed among individuals.
Based on this, we can say that economists would study whether the US unemployment rate has fallen by two percentage points in recent years, but we can also say that they would study the following situations:
- Mitch chooses to work overtime to earn extra income for his family.
- Megan sells her physics textbook last semester to her roommate for half the price of a new textbook.
Is the question complete. Cause it does not seem complete to me
Answer: Lenski would note that Richard’s high income but low occupational prestige demonstrates a condition of STATUS INCONSISTENCY.
Explanation: As the word inconsistency means an incompatibility between two propositions. Status inconsistency is defined as a situation whereby an individual's social position is incompatible with their social status. An example is given in the question, a janitor usually is associated with low pay. When a janitor is associated with high pay, it is termed status inconsistency. Because the social position is not compatible with the social standard.
When individuals experience status inconsistency, their likely choice of behaviiur is to claim the higher status.
