What Are the Effects of Social Class and Race on People's

question 52

Multiple Choice

What are the effects of social class and race on people's roles within an organization?

• A) Race and social class do not have any consistent effect on people's roles within an organization.
• B) People of upper and middle class backgrounds are more likely to be promoted than someone with a lower-class background, even if they are of the same race.
• C) When members of minority groups have the same level of education as their White peers, there is no difference in the rates of promotion.
• D) When people with a lower social class background have the same level of education as their peers they are just as likely to be promoted.

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Definitions:

Low-Dividend Policy

A strategy where a company distributes a small portion of its earnings in the form of dividends, preferring to reinvest the majority back into the business.

Tax Policy

The laws and regulations governing how taxes are collected and managed by the government, influencing economic behavior and distribution of resources.

Individual Tax Rate

The tax rate applied to an individual's income, which varies depending on income level and filing status, contributing to the progressive taxation system.

Capital Gains

Capital gains are the profit made from the sale of an asset or investment which has increased in value over the holding period.