–America also has another advantage because the dollar is the world’s reserve currency. Foreign central banks and investors want to hold dollar based assets. Hence, when the US government issues fixed income assets, foreign investors can and want to buy them. The gives America an economic “...
Perhaps the most ambitious effort to do this is through the invention of "socio-economic status"3, a social/ economic category that asserts that status is a function of income/ wealth, occupation and education. In turn, the dependent variable "SES" is then evaluated for its intersection with...
This is perhaps fine for linear thinking as modelled well by a regression equation that is with a dependent variable “Socio-economic Status”, or “Income” (see Abbott, 1988). But this is not the type of reasoning Weber himself used. For Weber, inequality is rooted in abstract honour ...
As mentioned in the text, Poincarés analogy that claimed a heap of stones does not necessarily make a house referred to what concepts? A) hypotheses and predictions B) scientific knowledge and common sense C) facts and theories D) attitudes and biases Answer: C Page: 21 Type: FAC 39. A...
But further,and especially important: it may be,as has been claimed, that the greater participation of Protestants in the positions of ownership and management in modern economic life may to-day be understood, in part at least, simply as a result of the greater mat erial wealth they have in...
property used in trade, business or for the production of income, household furniture, musical instruments, brittle or fragile articles, or sporting equipment if the loss results from the use thereof; 3. boats, motors, motorcycles, motor vehicles, aircraft, and other conveyances or equipment, or...
The sheer weights of incomers can be a hazard.Thus Venice, a city built for half a million inhabitants, is swollen by another half million who populate the city daily in the tourist season eight million visits each year.The mayor recently decided to limit visitors to 90 000 a day: the ...
distribution of money, resources and power. What all of this has in common is an implicit assumption that “inequality” as a dependent variable is a function of monetary income and wealth, that is, products of theGesellschaftand not theGemeinschaft....