What Do Sociologists Call a Status, Either Ascribed or Achieved

question 56

Multiple Choice

What do sociologists call a status, either ascribed or achieved, that overshadows all others, dominating our lives and controlling our position in society?

• A) highest
• B) dominant
• C) leading
• D) master

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Definitions:

Leverage

The employ of various financial instruments or borrowed capital, like debt, to increase the potential return of an investment.

Degree of Financial Leverage

A measure that assesses the sensitivity of a company's earnings per share to fluctuations in its operating income, based on its use of fixed-cost financing.

Earnings Before Interest

Net income before interest expenses have been deducted; used to analyze the profitability of a company's core operations without the cost of borrowing.

Tax Rate

The percentage at which an individual or corporation is taxed by the government on the income or profit earned.