Which of the Following Class Levels Contains the Least Amount

question 87

Multiple Choice

Which of the following class levels contains the least amount of racial and ethnic diversity?

• A) the upper-upper class
• B) the middle class
• C) the working class
• D) the lower class

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Definitions:

Lump Sum Payment

A single payment made at a particular time, as opposed to multiple payments over time, often used in contexts like settlements or pensions.

Labor Income

Earnings derived from work or employment, including wages, salaries, commissions, and bonuses.

Budget Line

A graphical depiction in economics that shows all possible combinations of two goods that can be purchased with a fixed amount of income.

Tax Rate

The percentage at which an individual or corporation is taxed.