Based on What You Know About Occupational Prestige, Which of the Following

question 130

Multiple Choice

Based on what you know about occupational prestige, which of the following statements is NOT correct?

• A) Most of the highest-ranked occupations in the United States are dominated by women.
• B) Occupational prestige rankings are much the same in all high-income nations.
• C) Most high-prestige occupations require extensive education and training.
• D) Occupations are a source of both prestige and income.

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Definitions:

Usury Law

Legislation that sets the maximum interest rates that can be charged on loans, intended to protect consumers from excessively high rates.

Quantity of Money

The total amount of money (currency, coins, and checking deposits) in circulation within an economy.

Usury Law

Legislation that sets maximum interest rates that can be charged on loans to protect consumers from excessively high rates.

Loanable Funds

The money available for borrowing in the financial markets, determined by the savings of individuals and entities and the banking system's capacity to lend.