As a Group, People with High Incomes Are Likely to Have

question 141

Multiple Choice

As a group, people with high incomes are likely to have

• A)greater-than-average family inheritances and greater than average SAT scores.
• B)greater-than-average holdings of stocks and bonds and lower-than-average productivity.
• C)greater-than-average productivity and greater-than-average amounts of capital.
• D)a stable marriage and no children.

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Definitions:

Economic Performance

Economic performance refers to the evaluation of how well an economy or business is operating, typically measured by growth, productivity, and employment rates.

Cultures

The shared values, traditions, norms, customs, arts, history, folklore, and institutions of a group of people.

Socialization Process

The process by which individuals learn the values, norms, and required behaviors which permit them to participate as members of a society or organization.

Organizational Culture

Organizational culture comprises the values, beliefs, behaviors, and artifacts that contribute to the unique social and psychological environment of an organization.