Which of the Following Statements About Social Class Is False

question 327

Multiple Choice

Which of the following statements about social class is false?

• A) The various classes tend to have different attitudes.
• B) The various classes tend to save money in different ways.
• C) Income by itself can be a pretty good measure of social class.
• D) The various classes tend to have different beliefs.
• E) The various classes tend to borrow money in different ways.

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Definitions:

Coupon Rate

The annual interest rate paid by a bond, expressed as a percentage of the face value.

Yield To Maturity

The overall gain expected from a bond, provided it is kept until its due date, including all received interest and the principal amount's reimbursement.

Semi-Annually

Happening biannually, usually once every six months.

Face Value

Face value is the nominal value or dollar value printed on a security or a bond, representing the amount to be repaid at maturity.