Which of the Following Statements About Social Class Is False

question 196

Multiple Choice

Which of the following statements about social class is False?

• A) People in different social classes tend to have different beliefs and feelings.
• B) People with the same income level are always in the same social class.
• C) Variables such as occupation, education, and type of housing form the basis of simple approaches for measuring social class.
• D) The U. S. class system is far less rigid than those in most other countries.
• E) None of the above statements is false.

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Definitions:

Plan Contribution

Money added to a retirement or pension plan, either by individuals or employers, to save for the future.

Actuarially Determined

Calculated using actuaries' methods and assumptions, typically in the context of pension plans and insurance.

Discount Rate

The interest rate used in discounted cash flow (DCF) analysis to determine the present value of future cash flows or investments.

Pension Plan

A retirement plan that requires an employer to make contributions into a pool of funds set aside for a worker's future benefit.