If a Recently Retired Professional Baseball Player Had Accumulated Assets

question 139

Multiple Choice

If a recently retired professional baseball player had accumulated assets of $15 million but is currently teaching part-time at a local high school for $15,000 a year, then he has

• A) low income and high wealth.
• B) low income and low wealth.
• C) high income and high wealth.
• D) high income and low wealth.

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Definitions:

United States

A federal republic in North America, composed of 50 states, a federal district, and several territories, known for its large economy and diverse population.

Year

A measurement of time that represents the period it takes for the Earth to complete one orbit around the Sun, approximately 365 or 366 days.

Soft Power

The ability of a country to shape the preferences of others through appeal and attraction, rather than coercion or payment.

Political Retaliation

Acts of revenge or punishment taken against individuals or groups for their political actions, beliefs, or opposition, often intended to suppress dissent or punish political adversaries.