Jeremiah Would Be Considered an Individual with High Social Status

question 234

Multiple Choice

Jeremiah would be considered an individual with high social status.He relies on mass media and social contacts for making purchase decisions on new products,such as the iPhone.Jeremiah would be considered a(n) :

• A) innovator
• B) early adopter
• C) late adopter
• D) early majority

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Definitions:

Medicare Payroll Tax

A tax collected from both employees and employers to fund the Medicare program, which provides health insurance to individuals aged 65 and older and to some younger people with disabilities.

Capital Gains Tax

A tax on the profit realized from the sale of a non-inventory asset that was greater than the purchase price, typically stocks, bonds, precious metals, and property.

Junk Foods

Foods with low nutritional value, typically high in fats, sugars, salt, and calories.

Health Maintenance Organization

An organization that provides or arranges managed care for health insurance, self-funded healthcare benefit plans, individuals, and other entities, on a prepaid basis.