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Twenty‐five students in a class take a test for which the average grade is 75. Then a twenty‐sixth student enters the class, takes the test, and scores 80. The test average calculated with 26 students will
Wealth Inequality
The unequal distribution of assets among residents of a given country or the world.
Universal Middle Class
The notion of a broadly shared socioeconomic middle status accessible to all, often idealized as a stable, prosperous lifestyle.
Gregory Mantsios
A scholar or individual known for their contributions to discussions or studies, potentially in areas such as social issues, though specific expertise may vary.
Class Distinctions
The division of society into different social classes based on factors such as wealth, occupation, and education, often leading to inequality.
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