Being in the Upper-Upper Class Is Usually the Result of _____;

question 93

Multiple Choice

Being in the upper-upper class is usually the result of _____; being in the lower-upper class is more a matter of _____.

• A)birth; achievement
• B)business success; birth
• C)gender; birth
• D)high-income; low-income

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Definitions:

Common Stock

Shares of ownership in a corporation, giving holders voting rights and a share in the company's profits through dividends.

Days in Inventory

A financial metric indicating the average number of days a company holds inventory before selling it.

Cost of Goods Sold

Direct expenditures associated with the process of producing goods for sale by a company, which include materials and labor.

Average Inventory

The mean value of inventory over a certain period of time, calculated to assess inventory levels and turnover.