According to the Social Class Model Developed by Sociologist Dennis

question 53

Multiple Choice

According to the social class model developed by sociologist Dennis Gilbert,two-year or four-year college degrees have replaced the high school diploma as an entry-level requirement for employment in many______________occupations,including medical technicians and nurses.This social class represents an estimated 30 percent of the U.S.population.

• A)middle-class
• B)upper class
• C)upper-upper class
• D)upper-middle class

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Definitions:

Market Rate

The current price or interest rate at which goods, services, or securities are bought and sold in a competitive marketplace.

Bond Selling Price

The market price at which a bond is traded, which may be above (premium) or below (discount) its face value.

Par Value

The nominal or face value of a security or currency, as stated by the issuer.

Market Rate

The current price or rate at which goods, services, or securities are traded in the open market.