The Upper-Middle Class Is Comprised of Highly Educated Professionals, Such

question 103

Multiple Choice

The upper-middle class is comprised of highly educated professionals, such as physicians, attorneys, stockbrokers, and corporate managers, which make up about____________ of the population.

• A) 3 percent
• B) 8 percent
• C) 14 percent
• D) 30 percent

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Definitions:

Institutional Variables

Factors associated with the structure, policies, and culture of organizations and institutions that can influence individuals' behaviors and outcomes.

Demographic Variables

Characteristics of populations, such as age, gender, income, education level, that are used in social science research to categorize and analyze data.

Payment Requesting

The process of asking for payment for goods or services rendered, typically through invoicing or billing.

Collection Agency

An organization employed by creditors to collect funds that are past due or accounts deemed to be in default.