In terms of social classes in the United States, the _____ is composed of 2 percent of the population and is referred to as the new money.
A) upper upper class
B) lower upper class
C) upper middle class
D) lower middle class

Question

Quizplus · Accepted Answer

The lower upper class is often referred to as "new money" because it consists of individuals who have recently acquired wealth, as opposed to the upper upper class, which is associated with inherited wealth. This class makes up about 2 percent of the U.S. population.

In Terms of Social Classes in the United States, the _____