The Fact That a Rock Star Earns $5 Million a Year

question 156

Multiple Choice

The fact that a rock star earns $5 million a year while a teacher earns $25,000 annually is most directly an example of an economy answering the ________ part of one of the two big economic questions.

• A) "when"
• B) "for whom"
• C) "how"
• D) "why"

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Definitions:

Top 0.1 Percent

Refers to the wealthiest 0.1% of a population, often highlighting disparities in income and wealth distribution.

Hegemonic Masculinities

A concept that explains the cultural dynamics that ensure male dominance over females by promoting certain values and behaviors as the norm.

Economic Enterprises

Organizations or businesses engaged in commercial, industrial, or professional activities with the aim of generating profits.

Racial Wealth Gap

The significant disparity in median wealth between different racial and ethnic groups in a society, often resulting from historical inequities and systemic racism.