Social Class Has Declined as a Method of Segmentation as a Result

question 106

Multiple Choice

Social class has declined as a method of segmentation as a result of ______.

• A) Higher education rates in the US.
• B) Readily available credit has flattened the classes.
• C) The increase in minority consumers.
• D) Stores appeal to everyone.
• E) None of the above.

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Definitions:

Foreign Income Taxes

Taxes paid to a foreign government for income earned in the foreign country.

Child Tax Credit

A credit aimed at helping families offset some of the costs of raising children by reducing their tax liability.

AGI

Adjusted Gross Income, calculated as gross income minus specific adjustments, used to determine tax liability and eligibility for certain tax benefits.

Adoption Credit

A tax credit offered to adoptive parents to offset the costs of adoption, available under the U.S. tax code.