Which of the Following Is an Example of a Macro-Level

question 33

Multiple Choice

Which of the following is an example of a macro-level structure?

• A) an informal group of peers
• B) a principal talking to one of her students
• C) the American educational system
• D) a large university

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Definitions:

Trade or Business

An activity engaged in regularly and continuously for the purpose of earning income or profit.

Mortgage

A loan secured by real property, typically used to purchase the property itself, where the borrower agrees to repay the lender over a period of time.

Gain/Loss

The financial result from the sale of assets or investments, measured as the difference between the selling price and the purchase price.

Purchased

Acquired by paying money or its equivalent; involves obtaining ownership of a good or service in exchange for monetary value.