The master status of George W.Bush was______________?
Correct answer: B. president
- A. husband
- B. president
- C. dog owner
- D. jogger
Explanation
A master status is the social position that most strongly shapes how a person is identified by others. For George W. Bush, being president was far more publicly defining than being a husband, dog owner or jogger.
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About Macroeconomics
The economy is studied as a whole through national income, gross domestic product, inflation, unemployment, economic growth and business cycles. Coverage includes aggregate demand and supply, consumption and investment, money and banking, fiscal and monetary policy, exchange rates and balance of payments, which distinguishes macroeconomics from the study of individual markets.
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