Which of the Following Investments Would You Prefer

question 140

Multiple Choice

Which of the following investments would you prefer?

• A) an investment earning 10 percent for 20 years
• B) an investment earning 8.5 percent for 20 years
• C) an investment earning 5 percent for 40 years
• D) an investment earning 3 percent for 40 years

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Definitions:

Proletariat

In Marx’s usage, is the working class. Members of the proletariat perform physical labor but do not own means of production. They are thus in a position to earn wages.

Lumpenproletariat

A term used primarily in Marxist theory to describe the lower strata of the working class, including those who are unemployed or unemployable due to the lack of necessary skills.

Capitalist Development

The evolution or advancement of an economic system in which trade, industry, and the means of production are largely privately owned and operated for profit.

Heterogeneous Middle-Class

A diverse socio-economic group composed of individuals from various backgrounds with differing levels of income, education, and occupation.