Peter, Who Belongs to the "Preppie" Clique at the High

question 92

Multiple Choice

Peter, who belongs to the "preppie" clique at the high school, is seen talking to a couple members of the "gothic" clique. Several members of his "preppie" group explain to Peter why he should not be seen talking to "those other people." If Peter adheres to the expectations of his clique, he will be exhibiting

• A)group prejudice.
• B)personal prejudice.
• C)scapegoating.
• D)social stereotyping.

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Definitions:

Short-term Loss

A financial loss realized on the sale or exchange of an asset held for one year or less.

Accumulated Straight-line Depreciation

The total amount of depreciation expense that has been recorded for an asset to date, using the straight-line method of depreciation.

Tax Bracket

A range of incomes taxed at a particular rate under a progressive tax system.

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An asset held by an individual or business for investment or personal purposes, excluding inventory or assets sold in the ordinary course of a business.