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Economist Lester Thurow Once Explained That "Once Wealth Is Accumulated

Question 39

Multiple Choice

Economist Lester Thurow once explained that "Once wealth is accumulated, opportunities to make more money multiple, since accumulated wealth tends of lead to income-earning opportunities that are not open to those without wealth." Sociologists refer to this phenomenon as


A) the rags-to-riches effect.
B) the Abraham Lincoln syndrome.
C) the Matthew effect.
D) the culture of poverty process.
E) none of these

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