Identify a True Statement About Individuals in the Upper-Middle Class

question 59

Multiple Choice

Identify a true statement about individuals in the upper-middle class.

• A) They value their privacy and rarely appear on the lists of wealthiest individuals published by Forbes.
• B) They live on earned income rather than accumulated or inherited wealth.
• C) They have less autonomy and freedom from supervision in their occupations.
• D) They are occupied in nonmanual occupations that require some training beyond high school.
• E) They engage in lifestyles and rituals that parallel those of the upper-upper class.

---

Definitions:

Dividend Yield

A financial ratio that shows how much a company pays out in dividends each year relative to its stock price.

Annual Dividend

The total amount of dividend payments declared by a company in one year, distributed to shareholders from its earnings.

Stock Price

The cost of purchasing a share of a company on the stock market.

Red Herring

A preliminary prospectus filed by a company with details about its operations and financials, intended to gauge investor interest before a final prospectus is issued.