Economic status tends to be passed on from one generation to the next _____.
a. regardless of the monetary wealth that is transmitted from parents to children
b. because of the monetary wealth that is transmitted from parents to children
c. in nearly all societies
d. a and c
Question 2
Data shows that United States college students purchase more e-books than German college students. Assuming that all students have identical preferences for e-books and textbooks, what is the likely explanation for this result?
A) Taxes on textbooks are higher in the United States than taxes on textbooks in Germany.
B) Taxes on textbooks are lower in the United States than taxes on textbooks in Germany.
C) The price of textbooks is cheaper in the United States than textbooks in Germany.
D) Both A and C.
