In the United States, the Lines Between Social Classes Are

question 162

True/False

In the United States, the lines between social classes are not fixed and rigid, but people can only drop to a lower social class and not move up into a higher one.

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Definitions:

Stock Dividend

A distribution of additional shares of stock by a corporation to its stockholders.

Statement of Cash Flows

A financial statement that provides aggregate data regarding all cash inflows a company receives from its ongoing operations and external investment sources, as well as all cash outflows that pay for business activities and investments.

Declaration

An official statement or announcement, often related to legal or financial matters.

Investing Section

A part of the cash flow statement that reports the purchase and sale of long-term investments and property, plant, and equipment.