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MULTIPLE-CHOICE QUESTION

What did researchers Jason Houle and Lawrence Berger find about families with debt?

A. Financial counseling, economic problems, and wage increases have forced many families to take on too much debt.
B. Children of parents with higher unsecured debt had worse socioemotional well-being than those of parents with lower unsecured debt.
C. If a family takes on a large amount of unsecured debt, their children are not likely to face any consequences from that debt.

Sagot :

GinnyAnswer

Final answer:

Researchers found that parents' unsecured debt levels can impact children's well-being, emphasizing the importance of financial stability in families.


Explanation:

Researchers Jason Houle and Lawrence Berger found that the unsecured debt levels of parents can impact their children's socioemotional well-being. Families with higher unsecured debt may have children experiencing more psychological issues compared to families with lower debt levels.

Studies have shown that children from families with financial stress, such as divorce or unemployment, are more likely to face behavioral problems and adverse effects on their well-being. This emphasizes the importance of financial stability within families for the overall welfare of children.

The racial wealth gap reported by the Pew Research Center highlights how economic disparities can affect families differently, showcasing the broader societal impact of financial struggles on various demographic groups.


Learn more about Impact of parents' debt on children's well-being here:

https://brainly.com/question/41015695


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