Veblen Study guides, Class notes & Summaries

Introduction to Sociology - Milestone 4 The division of labor includes a variety of positions, from doctors to truck drivers. According to Davis and Moore, why are some positions better-paid than others? • None of the answer choices are correct. • If all positions were paid (approximately) equally, there would be no incentive to enter professions that are most-needed by society. • Some positions are filled only by upper-class people, who demand higher pay. • Some posit...

Introduction to Sociology - Milestone 4 The division of labor includes a variety of positions, from doctors to truck drivers.  According to Davis and Moore, why are some positions better-paid than others? • None of the answer choices are correct. • If all positions were paid (approximately) equally, there would be no incentive to enter professions that are most-needed by society. • Some positions are filled only by upper-class people, who demand higher pay. •...

CFA Level 1 Questions | Questions with 100% Correct Answers | Updated & Verified What are the 4 types of measurement scales? - 1. Nominal Scales 2. Ordinal Scales (Assigned to a category) 3. Interval Scales (Relative ranking) 4. Ratio Scales (Equal differences between scale values) NOIR When do we use geometric and arithmetic means to analyze investment returns? - Arithmetic Mean: To estimate next year's return Geometric Mean: Measure of past performance What are the 3 different...

Introduction to Sociology - Milestone 4 (All Correct) The division of labor includes a variety of positions, from doctors to truck drivers. According to Davis and Moore, why are some positions better-paid than others? • None of the answer choices are correct. • If all positions were paid (approximately) equally, there would be no incentive to enter professions that are most-needed by society. • Some positions are filled only by upper-class people, who demand higher pay. •...

CFA LEVEL 1 QUESTIONS WITH CORRECT ANSWERS What are the 4 types of measurement scales? 1. Nominal Scales 2. Ordinal Scales (Assigned to a category) 3. Interval Scales (Relative ranking) 4. Ratio Scales (Equal differences between scale values) NOIR When do we use geometric and arithmetic means to analyze investment returns? Arithmetic Mean: To estimate next year's return Geometric Mean: Measure of past performance What are the 3 different types of probabilities? 1. Empirical Probab...

Thomas Robert Malthus - Answer-population will always tend to outrun the food supply and that the increase of population will take place in a geometrical progression John Stuart Mill - Answer-key figure in the movement known as utilitarianism & founding the concept of human well being in being proponent in the liberal philosophy. Gary Stanley Becker - Answer-Human behavior relates to economics. "My work on human capital began with an effort to calculate both private and social rates of re...

Which of the following four elements was not essential for creating massive urban growth in late nineteenth-century America? - Answer- settlement houses Which of the following did the settlement house movement offer as a means of relief for working-class women? - Answer- childcare Why did African Americans consider moving from the rural South to the urban North following the Civil War? - Answer- to find wage-earning work Which of the following is true of late nineteenth-century southern...

Joseph Schumpeter - Answer-"Capitalism, Socialism and Democracy", capitalism as a method of evolution, Theory of Economic Development Walter Williams - Answer-"Race and Economics", "The State Against Blacks", for free market economics and against government intervention, laissez-faire capitalism, government minority programs have been more harmful than helpful to minorities Adam Smith - Answer-the invisible hand theory, specialization of certain tasks to each person in a corporation ...

Sophia Into to Sociology Final Milestone. You passed this Milestone 25 questions were answered correctly. 1 Which of the following statements is FALSE? CONCEPT Real and Ideal Culture 2 Society is tied to the past, and to established ways of doing things. Alternative ways of organizing society have not been considered. This corresponds to which of Rostow's stages of modernization? CONCEPT Modernization and Dependency Theory 3 Which of the following is NOT an example of a ...

Introduction to Sociology - Milestone 4Introduction to Sociology - Milestone 4 The division of labor includes a variety of positions, from doctors to truck drivers. According to Davis and Moore, why are some positions better-paid than others? • None of the answer choices are correct. • If all positions were paid (approximately) equally, there would be no incentive to enter professions that are most-needed by society. • Some positions are filled only by upper-class people, wh...