__________ Is a Designation of Class That Considers Income, Occupation

question 5

Multiple Choice

__________ is a designation of class that considers income, occupation, and salary.

• A) Life chance
• B) Socioeconomic status
• C) Consumption utility
• D) Class analysis

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Definitions:

Earn

To receive money as payment for work that has been done or to make a profit.

Simple Interest

Interest calculated only on the initial principal amount of an investment or loan, without compounding.

Third Payment

The payment that occurs as the third in a series or schedule of payments.

Borrowed

Refers to money obtained with an agreement to return it, usually with interest.