The money a person receives from a wage or salary or from investments is income, and the assets an individual owns are wealth. Why is wealth considered more significant in social stratification?
a. Wealth is more predictable and is held only by the top 1 percent.
b. Income tends to favor the lower and middle classes, while wealth is the domain of the superrich.
c. Wealth is more predictable and can be used to generate more wealth.
d. Income is more predictable, but only wealth can create capital.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The money a person receives from a wage or salary or from investments is income, and the assets an individual owns are wealth. Why is ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
In the financial industry, "securitization" refers to
Answers (1)
Which expense might you pay when you rent? A. property taxes B. utilities C. maintenance D. PMI
Answers (1)
If the annual gross sales of the local ice cream shop total $82,649.00, and the net sales total $79,281.00, calculate the percentage of new sales?
Answers (1)
What do Social Security taxes pay for? transportation and training expenses for low-income people benefits to federal workers and military personnel benefits to older citizens and people with certain disabilities benefits to those who are unemployed
Answers (1)
Which example would be best formatted as a persuasive message? (A) Customer-service survey results Information about failure to follow procedures (B) Encouragement to join company-sponsored weight-loss program (C) Response to request for information
Answers (1)
New Questions in Business
New college graduates still looking for their first jobs would be classified in the BLS data as.
Answers (1)
On how fish survival in water
Answers (1)
One of the main implications of the four-drive theory is that: employers should give all employees the same employee benefits. employers should select people with the best qualifications for a job.
Answers (1)
Accounts receivable in an existing business: A) are rarely worth their face value. B) unlike inventory, are often worth their face value. C) appreciate over time due to interest and penalties.
Answers (1)
Bay City Mining, Inc. has a price of $20 a share, outstanding shares of 2.5 million, retained earnings of $1 million dollars, and a dividend yield of 2 percent. It has a price-earnings ratio of: a. 50, which is high by historical standards. b.
Answers (1)