Economist Paul Hertz followed about 9,000 children into adulthood to calculate odds of changing or maintaining economic status. Which of the following statements describe his findings?
A) The chances of moving from lowest-income category to the highest are quite high.
B) The chances of remaining in the highest income category (top 20 percent) are relatively low.
C) Children classified as black have an advantage over children classified as white.
D) Children from high income households receive more education and are healthier as adults than lower income counterparts.
Correct Answer:
Verified
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