What Is a Social Role

question 91

Multiple Choice

What is a social role?

• A) a part that an actor plays, such as Hamlet
• B) the social expectations that go along with a social status
• C) when children play "pretend" and take on various personas
• D) the social positions that one holds in a social system

---

Definitions:

Substitution Effect

The change in quantity demanded resulting from a change in the price of a good, making other goods more or less expensive relative.

Saving

The process of setting aside a portion of current income for future use or investment.

Capital Income

Income generated through investments, such as dividends from stocks, interest from bonds, or rent from real estate, as opposed to earned income from labor.

Taxed Twice

A situation where the same income or financial transaction is subject to taxation twice, often seen with corporate dividends taxed at both the company level and again at the shareholder level.