Answer:
This argument represents an underclass.
Explanation:
Underclass is a term used to refer to the most marginalized group in society. That is, this term refers to people who are at the lowest level of the social hierarchy, usually represented by the poorest working class and who have the least privileges. Thus, we can state that the argument shown in the above question shows a concept related to the term underclass.
Answer:
b. value of a good minus the price paid for it summed over the quantity bought.
Explanation:
A. When Daniel wants to bite his nails he should perform another activity
The Thomas theorem describes this phenomenon. William Isaac Thomas developed this theorem in 1928. According the theorem people make decisions <span>based on their interpretation of the situation, whether that interpretation is correct or not. In this case the depositors believed in the rumors and that resulted in real bank failures. </span>