suburbanization today is based on__________________?
Correct answer: C. social class
- A. skin color only
- B. homogeneous families
- C. social class
- D. the grass being greener in the suburbs
Explanation
Contemporary suburbanization is strongly associated with social class, as households with different incomes and resources settle in different suburban areas. Skin colour and family uniformity are incomplete explanations.
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The economy is studied as a whole through national income, gross domestic product, inflation, unemployment, economic growth and business cycles. Coverage includes aggregate demand and supply, consumption and investment, money and banking, fiscal and monetary policy, exchange rates and balance of payments, which distinguishes macroeconomics from the study of individual markets.
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